economics MCQs – Page 388

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 Review each marked answer and report any item that may be outdated or unclear.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
7741. What is measured by Gross domestic product (GDP)?
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A. None of these

B. Economic activity of federal government

C. Economic output of a country

D. Value of all economic activity within nations border
7743. Name the money of county that is expected to drop in value relative to other currencies?
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A. Cold currency

B. Local currency

C. Lime currency

D. Soft currency
7744. Who among the following is most benefited from inflation ?
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A. Government pensioners

B. Creditors

C. Debtors

D. Savings Bank Account holders

7745. Which of the following is not rated by credit rating agencies ?
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A. Government securities

B. Debentures and bonds

C. Shares

D. Commercial paper

7746. What does mean by Deed________________?
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A. none of the above

B. legal instrument used to grand a right

C. legal instrument

D. Something done

7747. Which market is called Bear market ?
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A. Market with upward and stock prices.

B. Market with a prolonged period of falling stock prices

C. A very big market

D. A very big industrial market

7749. Which property the paper money does not process ?
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A. Acceptability

B. Divisibility

C. Durability

D. Portability

7752. GNP includes ?
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A. A loan from ones parents

B. A brokers commission

C. Gifts and donations

D. A loan from a bank

7753. The term prospectus refers to______________?
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A. Formal summary of proposed project

B. Document describing chief features of something for participants

C. Both of them

D. None of them

7755. What is meant by excise?
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A. A tax levied on certain articles produced and consumed in a country

B. A licensing charge or a fee levied for certain privileges

C. Both of them

D. None of them

7756. During a given period how the economic activity of a nation is measured?
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A. Gross National product (GNP)

B. Gross National output (GNO)

C. Gross National Output

D. Gross Domestic Product (GOP)

7758. Cost of production plus a fixed rate of profit is called ?
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A. Cost effective

B. Consumer price

C. cost plus

D. End price

7760. Crop grown for sale is called?
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A. Business Crop

B. Earning Crop

C. Cash crop

D. Money Crop