Economic 4500 mcqs offline

Economics 4500 MCQs for test Preparation(NTS, FPSC, PPSC, SPSC, CSS)

what Is Economics?

Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources. Economics focuses on the actions of human beings, based on assumptions that humans act with rational behavior, seeking the most optimal level of benefit or utility. The building blocks of economics are the studies of labor and trade.

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