economics MCQs – Page 91

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 Review each marked answer and report any item that may be outdated or unclear.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

1801. An increase in national income is ?
0

A. Likely to decrease investment

B. Likely to decrease savings

C. Likely in increase exports

D. Likely to increase spending on imports

1802. The Coase theorem states that ?
0

A. if there are external costs in production the government must intervene in the market to assure that the efficient level of output is produced

B. under certain conditions, private parties can arrive at the efficient solution without government involvement

C. public goods should be produced up to the point where the additional benefit received by society equals the additional cost of producing the good

D. the private sector will fail to produce the efficient amount of a public good because of the free-rider problem.

1803. An economy may operate outside the production possibility Frontier if ?
0

A. It is being productively efficient

B. It is a mixed economy

C. It is trading other economies

D. It is not utilizing its resources fully

1804. The Bank of England and the Federal Reserve ?
0

A. use fiscal policy to influence GDP

B. loan money to most of LDC commercial banks

C. are branches of commercial banks

D. are central banks

1805. If some gain and some lose as the result of a proposed change and it can be demonstrated that the value of the gains would exceed the value of the losses then the change is said to be ?
0

A. inefficient.

B. potentially efficient

C. unequivocally Pareto optimal

D. technically efficient.

1806. A variable whose value is determined by the model of which it is a part is termed ?
0

A. endogenous

B. exogenous

C. constant

D. independent

1807. Investment is a unstable element of aggregate demand because it depends heavily on ?
0

A. Expectations

B. Historic trends

C. National income

D. Government policy

1808. Private goods are ?
0

A. non-rival in consumption and their benefits excludable

B. rival in consumption and their benefits are non-excludable

C. rival in consumption and their benefits are excludable

D. non-rival in consumption and their benefits are nonexcludable:

1809. If marginal cost is positive and falling ?
0

A. Total cost is increasing at an increasing rate

B. Total cost is falling

C. Total cost is increasing at a falling rate

D. Total cost is falling at a falling rate

1810. The In suppliers are most likely to get nervous and feel pressure to put their best foot forward in which of the following types of buying situations ?
0

A. indirect rebuy

B. straight rebuy

C. modified rebuy

D. new task buying

1811. M4 is a __________ measure of money and includes deposits at both __________ and _________?
0

A. Narrow, banks insurance companies

B. Wide, banks building societies

C. narrow, banks, building societies

D. wide, banks insurance companies

1812. _______ beliefs values are open to some degree of change ?
0

A. Crucial

B. Primary

C. Core

D. Secondary

1813. If injections are less than withdrawals at the full-employment level of national income, there is ?
0

A. an inflationary gap

B. A deflationary gap

C. hysteresis

D. hyperinflation

1814. When an economy first begins to grow more slowly ?
0

A. Stock levels are likely to increase

B. Investment in equipment is likely to increase

C. GDP increase

D. Inflation is likely to increase

1815. _________ describes changes in an individuals behavior arising from experience?
0

A. Learning

B. Perception

C. Motivation

D. Modeling

1816. In Which of the business cycle do firms try to cut stocks in order to save costs ?
0

A. The expansion

B. The peeking out

C. The recession

D. The upturn

1817. Friedmans theory of consumption focuses on ?
0

A. Current income

B. Disposable income

C. Past income

D. permanent income

1818. The idea that when externalities are present private parties can arrive at the efficient solution without government intervention under certain circumstance is known as ?
0

A. free rider problem

B. the drop -in-the bucket problem.

C. The coase theorem

D. Arrows impossibility theorem

1819. An increase in investment is most likely to be caused by ?
0

A. Lower interest rates

B. An increase in withdrawals

C. Lower national income

D. A decrease in the marginal propensity to consume

1820. With _______ prices rise in the first sector, remain the same in the second and increase overall?
0

A. ratchet inflation

B. inflationary expectations

C. import substitution

D. demand pull inflation

Previous Next

Showing 1801 to 1820 of 9118 mcqs