economics MCQs – Page 384

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 Review each marked answer and report any item that may be outdated or unclear.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
7663. From the sale of capital assets tax is levied on profits. What this tax is called ?
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A. Capital gains tax

B. Profit tax

C. Capital tax

D. Excise duty

7664. Depression is a drastic decline in a national or international economy. Its characteristic is_____________?
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A. Falling prices

B. Unemployment

C. All of these

D. Decreasing business activity

7665. Interest is______________?
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A. Share in profit

B. Devaluation in the Currency

C. Payment made for the use of another persons money

D. Payment made for the use of banks money

7666. What does mean by Franchise__________________?
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A. All of the above

B. A privilege or right officially granted by a person or group by a government

C. Authorization granted to someone to sell or distribute a companys goods or service in certain area

D. Territory or limits within which immunity, privilege or right may be exercised

7669. What is Remittance_______________?
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A. Sending of money to someone at distance

B. The sum of money sent

C. Both of them

D. None of them

7670. Deregulation is the reduction of governments role in controlling markets. Which of the following is result(s) of deregulation ?
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A. Lead to freer market

B. Lead to a more efficient marketplace

C. Both of them

D. None of them

7671. National income of a country is based on ?
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A. The taxes earned by the State

B. Personal incomes of all the citizens

C. Surplus of exports over imports

D. The sum of all factors of income
7674. Rate of growth of an economy is measured in terms of________________?
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A. National income

B. Industrial development

C. Number of people who have been lifted above the poverty line

D. Per capita income

7675. What is called the trade of goods or services without the exchange of money ?
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A. Barter

B. Liberal Exchange

C. Free exchange

D. Bilateral Trade

7676. What is called a countrys total financial obligations to the rest of the world ?
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A. External debt

B. Debt burden

C. Total dept

D. National liabilities

7677. Which of the following is referred by the phrase trade balance ?
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A. Income from imports

B. Income from export

C. Difference between imports and exports

D. All of them