Free tnpsc model questions Online Test - MeritNotes

No. of Questions :10

Remaining Time :

1. _____ discovered that the poor people will demand more of inferior goods if their prices rise and demand less if their prices fall.

2. _____ has coined the concept of Net Economic Welfare (NEW).

3. Economics is a __ science which deals with human wants and their satisfaction.

4. Red-tapism and delay by public sector is the one of the demerits of _____ economy.

5. _____ developed the liquidity preference theory of interest.

6. The great depression occurred in the year _____

7. _____ method is used to measure price elasticity as a relative change in demand divided by relative change in price.

8. All the scare goods which satisfy our wants are known as ____

9. _____ is a tabular statement showing how much of a commodity demanded at different prices.

10. Price system plays a very important role in ___ economy.

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