economics MCQs – Page 385

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 Review each marked answer and report any item that may be outdated or unclear.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

7681. A country can still gain from trading certain goods even though its trading partners can produce those goods more cheaply. How is known this principle?
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A. Comparative Edge

B. Relative Advantage

C. Comparative Advantage

D. Complete Advantage

7682. Endorsement means anything written upon the back of the document What does means by Endorse ?
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A. To sign ones name upon the back of cheque

B. To verify the person holding cheque

C. To sign ones name upon the front of cheque

D. To verify signature

7683. Which is most likely to cause a more even distribution of income ?
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A. An increase in indirect taxes

B. An increase in progressive taxation

C. An increase in the rate of inflation

D. An increase in managers salaries

7684. What is called a countrys decision to allow its currency value to change freely?
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A. Pegged exchange rate

B. Open exchange rate

C. Liberal exchanged rate

D. Floating exchange rate

7685. A countrys fundamental system of transportation, communications, and other aspects of its physical capabilities are called ?
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A. Basic structure

B. Basic infrastructure

C. Fundamentals

D. Infrastructure

7686. Monetary policy is regulated by ?
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A. Central Bank

B. Money lenders

C. Government policy

D. Private entrepreneurs

7687. USA is the chief exporter of_________________?
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A. Iron Ore

B. Wheat

C. Both of these

D. None of these

7688. A number of relating prices of a group of commodities to their prices during an arbitrarily chosen based period is called ?
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A. Price choosing

B. Price index

C. Price indexing

D. Price fixing

7689. Central banks rate of lending to commercial banks is called ?
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A. Money rate

B. Control rate

C. Discount rate

D. Interest rate

7690. What is called when government spending overwhelms government revenue resulting in government borrowing ?
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A. Deficient financing

B. Budget deficit

C. Unbalanced spending

D. Deficit spending

7691. Name the price at which the issuer of a bond may retire part of the pond at a specified call date ?
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A. Call price

B. Term Price

C. Bid price

D. Future Price

7692. Indemnity is_______________?
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A. All of these

B. A legal exemption from liability for damages

C. Security against damages loss, or injury

D. Compensation for damages loss, or injury suffered

7693. Which of the following is not required while computing Gross National Product (GNP) ?
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A. Private investment

B. None of the above

C. Net foreign investment

D. Per capita income of citizens

7694. Find out the term for the purpose that a buyer must pay for the goods at the time of its delivery ?
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A. Cash on Delivery

B. Barter

C. payment on Delivery

D. Gives in take

7695. What is called the minimum price of a commodity that is fixed by government in order to save the interests of producer of raw materials ?
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A. Fixed price

B. Bid price

C. Floor price

D. Basic price

7696. How is termed the ability to buy ?
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A. Purchasing power parities (PPP)

B. Gross purchasing power

C. Income level

D. Purchasing power

7697. What is called the manipulation of the market by traders to create the illusion of active volume to attract investors ?
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A. Manipulated market

B. False market

C. Illusion

D. Daisy chain

7698. Which country is the chief exporter of Tin ?
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A. Russia

B. China

C. USA

D. Malaysia

7699. Which term is used for the value imprinted on a security ?
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A. Par value

B. Net value

C. Real value

D. Gross value

7700. Which is the oldest stock exchange of the world ?
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A. London stock exchange

B. Tokyo stock exchange

C. New York stock exchange

D. None of them

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