economics MCQs – Page 158

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 Review each marked answer and report any item that may be outdated or unclear.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
3141. The Phillips curve shows the trade-off between _____ and _____?
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A. the inflation rate, interest rates

B. interest rates, output

C. output, employment

D. the inflation rate, the unemployment rate
3142. Which condition is a major obstacle to economic development in the Middle East and Northern Africa ?
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A. use of strip mining to obtain minerals

B. lack of access to world markets

C. scarcity of water resources

D. reliance on capitalist economic systems

3143. Which soil is best suited for deep rooted crops ?
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A. None of these

B. Red soil

C. Black soil

D. Literate soil

3145. A person who is made redundant because of the contraction of an industry is a victim of ?
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A. structural unemployment

B. classical unemployment

C. demand-deficient unemployment

D. frictional unemployment

3146. Which of the following is the Prevalent public health problem has been observed in the country ?
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A. Jaundice

B. iron deficiency

C. Vitamin A deficiency

D. anemia deficiency
3148. Which fruit is an offspring of the pummel ?
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A. Grapefruit

B. Kiwi

C. Strawberry

D. Peach

3153. If input price prices adjusted very rapidly to output prices as classical economists argue the Philips curve would be ?
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A. Vertical or nearly vertical

B. downward sloping

C. upward sloping

D. horizontal or nearly horizontal

3154. Which is the most important crop of the Nile delta ?
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A. Maize

B. Cotton

C. Sugarcane

D. None of them

3155. Which of the following is the correct group of Kharif Crops ?
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A. None of these

B. Rice, Millet Maize Cotton

C. Jowar Bajra Rice Cotton Jute, Gram

D. Groundnut, Bajra , Barley, Sorghum, Wheat

3158. What is the currency of Western Sahara ?
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A. Dirham

B. Peso

C. Pound

D. Dollar
3160. Which of the following is not a Cash Crop ?
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A. None of these

B. Cotton

C. Surgarcane

D. Wheat