economics MCQs – Page 157

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 Review each marked answer and report any item that may be outdated or unclear.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 economy2. profit maximizing under perfect competition and monopoly3. application of economics4. the aggregate demand aggregate supply model5. surplus6. money interest rates and output7. average and total cost8. stabilization adjustment reform and privatization9. risks and diversification efficient market hypothesis10. the phillips curve11. supply and demand12. capital formation investment choice information technology and technical progress13. aggregate supply unemployment and inflation14. elasticity15. comparative gdp16. roots of modern macroeconomics17. production factors18. poverty malnutrition and income inequality19. trade regulations and industrial policies20. monetary union21. exchange rate systems and currency crises22. economic development in historical perspective23. exchange rate determination24. monopoly competition25. the balance of payments26. inflation productivity27. macroeconomic issues and analysis28. employment migration and urbanization29. macroeconomic policy tools30. supply side policies31. exchange rate adjustments and the balance of32. miscellaneous33. taxation34. trade policies for the developing nations35. markets efficiency and the public interest36. the external debt and financial crises37. budget deficits and the trade balance38. alternative theories of the firm39. public goods40. the meaning and measurement of economic development41. characteristics and institutions of developing countries42. agriculture irrigation system of pakistan43. education health and human capital44. economic problems of developing countries45. theories of economic development46. basic of economics47. consumer theory vs real consumers48. applied microeconomics49. long term economic growth50. externality internality51. fiscal and monetary policy52. prices wages taxes53. balance of payments aid and foreign investment54. international factor movements and multinational corporations55. entrepreneurship organization and innovation56. the international economy and globalization57. population and development58. non tariff trade barriers59. foundations of modern trade theory60. global economic development61. market62. rural poverty and agricultural transformation63. regional trading arrangements64. foreign exchange65. introduction to economics66. world economy miscellaneous67. sources of comparative advantage68. natural resources and the environment toward sustainable development69. monopoly70. asymmetric information71. income inequality72. labour market73. tariffs74. development planning and policy making the state and the market75. oligopoly76. industrial development77. costs supply and perfect competition78. human capital79. monetary fiscal and incomes policy and inflation80. stocks
3121. What country had the largest area of forest ?
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A. Brazil

B. United States

C. Canada

D. Russia
3122. The Phillips curve indicates that there is a ?
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A. positive relationship between labor supply and the inflation rate

B. positive relationship between the inflation rate and the employment the

C. negative relationship between the inflation rate and labor demand

D. negative relationship between the inflation rate and the unemployment rate
3124. Which country produced the third most rubber ?
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A. Indonesia

B. Thailand

C. Malaysia

D. India

3125. What was the top timber producing country ?
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A. United States

B. China

C. India

D. Brazil
3126. Rice is very important food as well as ?
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A. raw material

B. cash crop

C. export crop

D. import item

3131. What country had the second largest area of forest ?
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A. Canada

B. United States

C. Brazil

D. Russia

3132. What country is the second most covered by forests ?
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A. Suriname

B. Solomon Islands

C. Gabon

D. French Guiana

3134. Which country in the World is leading in jute production ?
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A. None of these

B. Thailand

C. India

D. Brazil

3135. What was the third mild producing country ?
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A. Russia

B. United States

C. France

D. Germany
3136. The long-run Phillips curve is ____ at the ____?
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A. vertical natural rate of inflation

B. vertical equilibrium rate of unemployment

C. horizontal, natural rate of inflation

D. horizontal natural rate of unemployment

3138. What was the third mild producing country ?
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A. United States

B. France

C. Russia

D. Germany
3140. The largest producer of coffee in the world is ?
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A. pakistan

B. Brazil

C. Sri Lanka

D. None of these