economics MCQs – Page 20

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 Review each marked answer and report any item that may be outdated or unclear.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

381. The strongest political pressure for a trade policy that results in higher protectionism comes from?
0

A. domestic workers lobbying for import restriction

B. domestic consumers lobbying for import restrictions

C. domestic workers lobbying for export restrictions

D. domestic consumers lobbying for export restrictions

382. The organization that currently establishes rules of conduct for firms engaging in international trade is the ?
0

A. International Trade Commission

B. Department of justice

C. World Bank

D. World Trade Organization

383. South Africa is the chief exporter of ?
0

A. Diamond

B. Coffee

C. Gold

D. Copper

384. What is the period called 12-months plan of a country to use its funds ?
0

A. Fiscal year (FY)

B. Calendar year

C. Year unit

D. Fiscal period

385. Mention the market for trading long-term debt instruments ?
0

A. Capital market

B. Stock market

C. International market

D. Open market

386. The power of a bank to create credit is affected by ?
0

A. The amount of cash available

B. The cash reserve requirement

C. The number of branches of a bank

D. A and B of above

387. What is called the overall study of aspects and working of a national economy ?
0

A. Macroeconomics

B. Gross economics

C. Micro economics

D. Mega economics

388. To be considered a a good candidate for an export cartel, a commodity should ?
0

A. be a primary product

B. be a manufactured goods

C. have high price elasticity of supply

D. have a low price elasticity of demand

389. The Peoples Republic of China ?
0

A. has significantly increased its openness to international trade and foreign investment in recent decades

B. has always accounted for a significant share of international trade, given its very large population

C. has retained to the present time its strategy of import substitution as a source of economic growth

D. is the first of the East Asian countries to be recognized for a successful outward-oriented development strategy

390. Name the organization that is managed by those who use its facilities ?
0

A. Limited Company

B. Cooperative

C. Corporation

D. Society

391. Who is insolvent_______________?
0

A. A firm that is for sale

B. A firm that is unable to pay debts

C. A firm that is liquidated

D. A firm that has more liabilities than assets

392. USA is the chief exporter of ?
0

A. Copper

B. Cotton

C. All of these

D. Coal

393. By which process the holder of a mortgage seizes the property of a homeowner who has not made interest and or principal payments on time as stipulated in the mortgage contract ?
0

A. None of these

B. Bankrupt

C. Foreclosure

D. Default

394. What is the meaning of the term stagflation ?
0

A. Fall in prices due to less circulation of currency

B. High inflation rate combined with high unemployment and unchanged consume demand

C. None of these

D. Fall in employment due to declining production

395. A government program, social security is ?
0

A. Economics assistance provided by social security

B. Economic assistance to persons who faced unemployment, disability of agedness, financed by assessment of employers and employees

C. Both a & b

D. Nor a nor b

396. Which function is performed by both commercial banks and central banks ?
0

A. Acting as bankers to the government

B. Fixing the main interest rate

C. Advising the government on monetary policy

D. Dealing in foreign exchange

397. India is the chief exporter of ?
0

A. Rubber

B. Silver

C. Gold

D. Mica

398. Because supply and demand conditions for primary products are very price inelastic their prices ?
0

A. have been steadily rising in recent decades

B. tend to be very unstable from year to year

C. have been more stable than the prices of manufactured goods

D. fluctuate about as much as the prices of manufactured goods

399. Concerning the hypothesis that there has occurred a long run deterioration in the developing countries terms of trade empirical studies provide ?
0

A. overwhelming support for the deterioration hypothesis

B. overwhelming opposition to the deterioration hypothesis

C. None of the above

D. mixed evidence that does not substantiate the deterioration hypothesis

400. Which theory of economic management focuses on encouraging product through tax reduction ?
0

A. Supervised market

B. Supply-side economics

C. Liberalism

D. Free market economics

Previous Next

Showing 381 to 400 of 9118 mcqs