economics MCQs – Page 351

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 Review each marked answer and report any item that may be outdated or unclear.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
7003. According to Engels law as income rises ?
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A. The percentage spent on savings remains constant

B. The percentage spent on food rises

C. The percentage spent on other categories increase

D. The percentage spent on housing increases

7005. Which of the following is will NOT reduce capital flight from source countries ?
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A. more efficient state enterprises

B. dependable positive real interest rates

C. market liberalization

D. higher taxes on capital gains
7007. Which of the following statement is Not true ?
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A. Many large LDC debtors borrowed heavily because of their excellent international credit ratings

B. The debt-burden of sub Saharan African countries may be as heavy as for middle income countries

C. Middle income countries account for almost four-fifths of the total outstanding debt of all LDCs

D. The ratio of debt service to GNP is very good indicator of the debt burden
7008. The debt-service ratio is the______________?
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A. interest and principle payments divided by exports of goods and services

B. default and reschedule debt minus annual export revenues that must be devoted to paying interest

C. ratio of debt net of portfolio investment financing and foreign direct investment

D. long-term debt divided by GDP of a country in a given year

7009. The policy cartel on debt reduction refers to the_______________?
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A. None of the above

B. screening of debtors based on their regional location

C. World Bank requiring LDCs seconded by a DC to get loan reduction

D. loan denial to crisis-stricken highly indebted countries

7010. Initial conditions in the year before the crisis in Thailand Indonesia Malaysia the Philippines and Korea in 1997 indicate that ?
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A. Nonperforming bank loan ratios were high

B. . current account deficits were high

C. credit growth was fast

D. capital inflows/GDP were very low

7015. The Baker plan (1985) stressed _______ and the Brady Plan (1989) emphasized _______ respectively?
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A. new loans from multilateral agencies and surplus countries; debt reduction or write-downs

B. IMF decentralization; World Bank dissolution

C. structural adjustment loans for LDCs experiencing unanticipated external shocks; renewed emphases on macroeconomic stabilization programs

D. debt relief for at leas three-fourths of the eligible HIPCs; shorter requirements for adjustment programs

7017. Which of the following factors potentially increased the vulnerability to the 1997 Asian financial and currency crisis ?
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A. Symmetric informational in financial market

B. technological transfer from DCs

C. massive reverse outflows of capital

D. trade account surplus

7018. Mosley Harrigan and Toye refer to the IMF and World Bank as________________?
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A. excessively committed to writing down LDC debt

B. a managed duopoly of policy advice

C. a U.S monoply

D. the initiator of HIPCs debt forgiveness

7019. A countrys total external debt (EDT) includes ?
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A. short term debt with a maturity of one year or less

B. IV public official development assistance

C. long-term debt with a maturity of more than one year

D. . repurchase obligations to the IMF

7020. Net transfers are______________?
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A. net international resource flows minus net international interest payments and profit remittances

B. international resource outflows minus international balance of payments and profit remittances

C. foreign direct investment inflow minus investment loans and grants from overseas

D. investment loans, and grants from overseas minus international resource outflows