economics MCQs – Page 242

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 Review each marked answer and report any item that may be outdated or unclear.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

4821. The industrial concentration ratio is the proportion of an industrys output ?
0

A. as a percentage of production and marketing

B. and labor intensities relative to labor productivity

C. produced in cement, machine tools and steel industries

D. produced by the three largest firms in the industry

4822. Before the 1978 reforms China had a(n) ?
0

A. mono bank system

B. urban credit cooperatives

C. housing savings banks

D. agricultural bank only

4823. Countries facing a persistent external deficit can ?
0

A. borrow overseas

B. increase trade restrictions and exchange controls

C. Undertake expenditure-reducing policies

D. . undertake expansionary monetary and fiscal policies

4824. Countries such as ________ that failed to adjust to a persistent external disequilibrium were more vulnerable to poverty displacement and even war ?
0

A. Brazil and Argentina

B. Singapore and Malaysia

C. Algeria and Yugoslavia

D. Japan and Korea

4825. A development bank based in London, which loans funds to governments of Eastern Europe and the former Soviet Union is the ?
0

A. OECD

B. Transitional Monetary Fund

C. World Bank

D. European Bank for Reconstruction and Development

4826. According to the Brandt report the IMFs insistence on drastic measures in short time periods ?
0

A. #NAME?

B. reduces basis-needs attainment

C. contributes to low-income countries recovery quickly

D. may lead to the downfall of governments

4827. Pathologies endemic to the Soviet bureaucracy included secrecy formalism cumbersome procedures rigidity and the tendency to concentrate on control rather than performance The party controlled The state by using the ____ the power to recommend and approve managers in administration and enterprises, of appointments and promotions to control access to government positions ?
0

A. Gosplan

B. nomenklatura system

C. Gosagroprom

D. Parastatals

4828. Structural economists from the United Nations Economic Commission for Latin America (ECLA) emphasized ?
0

A. contractionary monetary and fiscal policies

B. short term-adjustment with a human face

C. long-run institutional and structural economic change

D. currency devaluation

4829. Which of the following is not a quasi-public good ?
0

A. national defense

B. libraries

C. fire protection

D. an automobile

4830. When the world Bank or IMF requires improved external balance in the short run the agency may condition its loan on expenditure switching that is ?
0

A. switching spending from domestic to foreign sources

B. devaluing local currencies

C. increase government spending

D. increase trade restrictions by imposing quota

4831. State-owned enterprises (SOEs) are also called ?
0

A. government oligopolies

B. centralized firms

C. public enterprises

D. market economies

4832. Countries with chronic balance of payments deficits eventually need to borrow abroad often from the ________ as the lender of last resort?
0

A. IMF

B. OECD

C. OPEC

D. U.S

4833. Which of the following statement is NOT true about state owned enterprises (SOEs) ?
0

A. SOEs perform better with competition

B. Successful performing SOEs in Japan, Singapore and Sweden have greater managerial autonomy and accountability than other SOEs

C. SOEs in South Korea and Sweden generally achieve inferior economic results to those in Ghana

D. Financial autonomy is a major factor contributing to SOEs managerial effectiveness

4834. S = Savings, I = domestic investment, X = exports of goods and services, and M = imports of goods and services Which of the following is true ?
0

A. S-I = X/M

B. S + I = X + M

C. S = I (X+M)

D. S I = X = M

4835. Internal balance refers to ?
0

A. monetary policy offsetting fiscal policy

B. exports equal to imports

C. exports minus imports

D. full employment and price stability

4836. A critic of Shock therapy to transition economies. Vladamir Popov, contends that shock therapists put a heavy emphasis on ?
0

A. the creation of a small-scale private sector ans small independent banks

B. introducing the reform package at once to ensure that it became too late and costly to reverse the reforms

C. attempts to gradually remake institutions

D. agricultural reform rather than industrial reforms to overcome food insecurity

4837. Privatization refers to a range of policies including ?
0

A. franchising or contracting public services or leasing public assets to the Private sector

B. Liberalization of entry into activities previously restricted to the public sector

C. . two infant industries merging into a monopoly

D. changing part of a public enterpriss ownership to the private sector

4838. Which of the following may constitute the International Monetary Funds conditionality for borrowing?
0

A. restraining public sector employment and wage rates

B. limiting credit creation and liberalizing trade

C. government reducing budget deficts

D. . achieving market-clearing price

4839. Share prices will follow a random walk if ?
0

A. people behave irrationally when choosing shares

B. shares are overvalued

C. markets reflect all available information in a rational way

D. shares are undervalued

4840. Which of the following reduces risk in a portfolio the greatest ?
0

A. Increasing the number of shares in the portfolio from 1 to 10

B. Increasing the number of shares from 10 to 20

C. All of these answers provide the same amount of risk reduction

D. Increasing the number of shares from 20 to 30

Previous Next

Showing 4821 to 4840 of 9118 mcqs