economics MCQs – Page 8

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 Review each marked answer and report any item that may be outdated or unclear.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

141. Term the shared of profits of a joint stock company ?
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A. Profit-share

B. Dividend

C. Share

D. Margin

142. Which term is used for fine that is payable for failing to clear goods from a storehouse with in a specific period of time ?
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A. Charges

B. Fine

C. Demurrage

D. Penalty

143. Mention the term for an official act of reducing the rate in which one currency is exchanged for another in international currency markets ?
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A. Cut-rate

B. Devaluation

C. Price cap

D. Devolution

144. Which measures. taken by a government would be intended to raise the price of imports ?
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A. Embargoes

B. Foreign exchange controls

C. Quotas

D. Tariffs

145. What is called the trade without restriction of tariffs, quotas, or foreign exchange controls ?
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A. Open sky trade

B. Easy trade

C. Free trade

D. Open trade

146. 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

147. Devaluation of currency can help to increase exports if elasticity of demand of exportable items in other countries is ?
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A. Equal to one

B. Greater than one

C. Less than one

D. Zero

148. The sum of total income received for the services of labor, land or capital in a country is called?
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A. National income

B. Gross national income

C. Gross domestic income

D. Gross domestic product

149. 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. Bid price

C. Term Price

D. Future Price

150. Which of the following would cause income to become more unequal ?
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A. More regressive taxes

B. Increased employment

C. More progressive taxes

D. Increased unemployment allowance

151. When aggregate supply exceeds aggregate demand ?
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A. Unemployment exists

B. Price of consumer goods rise

C. People save more than they intended to save

D. Business inventory accumulate

152. Balance of sheet is understood as ?
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A. Performance of a company

B. Profit in a year

C. Accurate economic position

D. Statements of accounts that shows debit and credit accounts under the broad heads

153. What is measured by Gross domestic product (GDP)?
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A. Value of all economic activity within nations border

B. Economic activity of federal government

C. Economic output of a country

D. None of these

154. In Planned economy Production and distribution of Wealth is under control of_____________?
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A. Private sector

B. None of the above

C. Bank

D. Government

155. Which of the following is known as foreign exchange ?
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A. Transaction of International monetary business

B. Negotiable bills drawn in one country to be paid in another country

C. Both of them

D. None of them

156. Which of the following must always balance ?
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A. Balance of invisible trade

B. Balance of payments

C. Balance of visible trade

D. Balance on the current account

157. A long-term asset, such as land or building is termed as ?
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A. solid capital

B. solid asset

C. capital asset

D. Future asset

158. What is called the centers around the ability of a national economy to generate enough interests and principal on its foreign debt ?
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A. National economic risk

B. Country finance risk

C. Foreign exchange risk

D. Country economic risk

159. Goods and monies from which future income can be derived is called ?
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A. Net assets

B. Assets

C. Capital

D. Holdings

160. By the way of an underwriter, the sale of a new security is issued to the public a transaction that must be registered with the securities and exchange commission. How is know this process ?
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A. Debuting

B. Registering

C. Going public

D. Public offering

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