Directions How to Answer

Aptitude Test Topic: Economics

This section is comprised of MCQs on Economics.

Directions

The following are questions on Economics. Select the correct option to represent your answer.

To give the answer click/tap the option alphabet for your answer choice. for correct answer green check and for wrong answer a red cross will appear along with a button to show explanation with or without video of the question answer.

Economics: All Topics Practice MCQ

Question Statement:

Say’s Law of Market holds that

supply is not equal to demand
supply creates its own demand
demand creates its own supply
supply is greater than demand

Explanation:

Correct Answer: B

Sol. Say's law, or the law of markets, states that aggregate production necessarily creates an equal quantity of aggregate demand.

Question: 2   Test: 5 of 5 Next Test

Tests

You are taking Aptitude Test No. 5

Each aptitude test is comprised of 10 except the last test which might have fewer than 10 in some topics.

You are at question (MCQ) number 2 and Test Number 5 of Economics: All topics. To deal with Economics questions, you must take lesson on the subject. In case of science and Art subjects revise your text books and in case of general aptitude topics take lessons from the topic page.

The question: Say’s Law of Market holds that .... with options: supply is not equal to demand , supply creates its own demand, demand creates its own supply, supply is greater than demand can be solved with the concepts and understanding of Economics.