economics MCQs – Page 120

Practise multiple-choice questions from economics for competitive examinations and subject revision. Review each marked answer and report any item that may be outdated or unclear.

economics Mcqs

1. the national economy 2. profit maximizing under perfect competition and monopoly 3. application of economics 4. the aggregate demand aggregate supply model 5. surplus 6. money interest rates and output 7. average and total cost 8. stabilization adjustment reform and privatization 9. risks and diversification efficient market hypothesis 10. the phillips curve 11. supply and demand 12. capital formation investment choice information technology and technical progress 13. aggregate supply unemployment and inflation 14. elasticity 15. comparative gdp 16. roots of modern macroeconomics 17. production factors 18. poverty malnutrition and income inequality 19. trade regulations and industrial policies 20. monetary union 21. exchange rate systems and currency crises 22. economic development in historical perspective 23. exchange rate determination 24. monopoly competition 25. the balance of payments 26. inflation productivity 27. macroeconomic issues and analysis 28. employment migration and urbanization 29. macroeconomic policy tools 30. supply side policies 31. exchange rate adjustments and the balance of 32. miscellaneous 33. taxation 34. trade policies for the developing nations 35. markets efficiency and the public interest 36. the external debt and financial crises 37. budget deficits and the trade balance 38. alternative theories of the firm 39. public goods 40. the meaning and measurement of economic development 41. characteristics and institutions of developing countries 42. agriculture irrigation system of pakistan 43. education health and human capital 44. economic problems of developing countries 45. theories of economic development 46. basic of economics 47. consumer theory vs real consumers 48. applied microeconomics 49. long term economic growth 50. externality internality 51. fiscal and monetary policy 52. prices wages taxes 53. balance of payments aid and foreign investment 54. international factor movements and multinational corporations 55. entrepreneurship organization and innovation 56. the international economy and globalization 57. population and development 58. non tariff trade barriers 59. foundations of modern trade theory 60. global economic development 61. market 62. rural poverty and agricultural transformation 63. regional trading arrangements 64. foreign exchange 65. introduction to economics 66. world economy miscellaneous 67. sources of comparative advantage 68. natural resources and the environment toward sustainable development 69. monopoly 70. asymmetric information 71. income inequality 72. labour market 73. tariffs 74. development planning and policy making the state and the market 75. oligopoly 76. industrial development 77. costs supply and perfect competition 78. human capital 79. monetary fiscal and incomes policy and inflation 80. stocks

2381. Suppose that U.S dollar depreciates 70 percent against the yen yet Japanese export prices to Americans did not decrease by the full extent of the dollar depreciation. This is best explained by ?
0

A. partial currency pass through

B. complete J curve effect

C. complete currency pass through

D. partial J curve effect

2382. Starting from a position where the nations money demand equals the money supply and its balance of payments is in equilibrium its balance of payments would move into a surplus position if there occurred in the nation a (an) ?
0

A. increase in the money supply

B. None of the above

C. decrease in the money supply

D. decrease in the money demand

2383. During the era of dollar appreciation from 1981 to 1985 a main reason why the dollar did not fall in value was ?
0

A. rising price inflation in the United States

B. a substantial decrease in U.S imports

C. a substantial increase in U.S exports

D. flows of foreign investment into the United States

2384. The exchange value of the U.S dollar is primarily determined by ?
0

A. the monetary value of gold held at Fort Knox, Kentucky

B. the number of dollars printed by the U.S government

C. the rate of inflation in the United States

D. the international demand and supply for dollars

2385. The entrepreneur can be viewed as the ?
0

A. #NAME?

B. coordinator of other production resources

C. decision maker under uncertainty

D. gap filler and input completer

2386. The unemployment rate is the ?
0

A. unemployed divided by employed

B. total employment divided by population

C. labor force divided by population

D. employed plus unemployed divided by labor force

2387. In a supply and demand diagram for Japanese yen, with the exchange rate in dollars per yen on the vertical axis, the demand schedule for yen is drawn sloping ?
0

A. horizontal

B. vertical

C. downward

D. upward

2388. Which countries terms of trade improved between 1990 and 2000 ?
0

A. Mexico and Sweden

B. Sweden and Spain

C. Sweden and Denmark

D. Mexico and Denmark

2389. Automatic stabilizers act to ______ government expenditures and _______ government revenue during an expansionary period?
0

A. decrease; increase

B. decrease; decrease

C. increase; decrease

D. increase; increase

2390. Exchange rate overshooting often occurs because ?
0

A. elasticities are smaller in the short run than the long run

B. military spending during military conflicts

C. domestic prices adjust slowly to shifts in demand

D. elasticities are smaller in the long run than the short run

2391. When an individual buys a car in a congested urban area, it generates ?
0

A. a technology spillover

B. a negative externality

C. a positive externality

D. an efficient market outcome.

2392. In the presences of purchasing power parity, if one-dollar exchanges for 2 British pounds and if a DVD player costs $400 in the United States then in Britain the DVD player should cost ?
0

A. 400 pounds

B. 200 pounds

C. 800 pounds

D. 600 pounds

2393. Under a system of floating exchange rates there is a general tendency for ?
0

A. the currencies of relatively low inflation countries to depreciate

B. exchange rates to be insensitive to the differential rates of inflation between countries

C. the currencies of relatively high-inflation countries to depreciate

D. the currencies of relatively high inflation countries to appreciate

2394. Development economics focuses primarily on the poorest ______ of the worlds?
0

A. one third

B. 28 percent

C. two thirds

D. 5 percent

E. population

2395. Investor engage in _____ when they move funds into foreign currencies in order to take advantage to interest rates abroad that are higher than domestic interest rates ?
0

A. interest arbitrage

B. currency arbitrage

C. long positions

D. short positions

2396. Which of the following could not be considered a major economic system ?
0

A. communism

B. socialism

C. None of the above

D. physical quality of life index

E. capitalism

2397. The shift toward imperfectly competitive markets in domestic and international trade the concept of ?
0

A. exchange arbitrage

B. trade adjustment assistance

C. official exchange rates

D. complete currency pass through

2398. In aukarky, when a community maximizes its standard of living, its production and consumption point is ?
0

A. below the production possibility frontier

B. cant tell without more information

C. On the production possibility frontier

D. above the production possibility frontier

2399. Expansionary monetary policy ?
0

A. tends to lead to a depreciation of a nations currency

B. usually has no effect on a currencys exchange value

C. tends to lead to a depreciation of the currencies of other nations

D. tends to lead to an appreciation of a nations currency

2400. Time lags which often erode effectiveness of monetary and fiscal policy measures represent ?
0

A. the change in exports and imports prices

B. delays in the response of the economy is stabilization policy

C. the foreign response to price changes

D. the change in exchange rates

Previous Next

Showing 2381 to 2400 of 9118 mcqs