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Economics Mcqs
Showing 1 – 20 of 4,585 verified multiple choice questions with answers and explanations.
Q1NTS / FPSC / PPSC
The World Bank classifies countries into four groups. This classification is based upon:
Q2NTS / FPSC / PPSC
Automatic stabilizers are one of the __________ policy tools.
Q3NTS / FPSC / PPSC
Increase in supply of money will positively affect:
Q4NTS / FPSC / PPSC
The relationship between inflation and unemployment is represented by:
Q5NTS / FPSC / PPSC
Which of the following is not a component of GDP?
Q8NTS / FPSC / PPSC
The account in balance of payment that consists of all transactions in financial assets is known as:
Q9NTS / FPSC / PPSC
Monopolistic Competition is different from Perfect Competition because of:
Q10NTS / FPSC / PPSC
The Human Development Index (HDI) ranks all countries on the scale of:
Q11NTS / FPSC / PPSC
The doctrine of comparative advantage states that there are gains from international trade:
Q12NTS / FPSC / PPSC
Trade based on absolute advantage was presented by:
Q13NTS / FPSC / PPSC
According to Keynes, the relationship between money supply and rate of interest is:
Q14NTS / FPSC / PPSC
A country that makes large net income payments to investors in another country is likely to:
Q17NTS / FPSC / PPSC
Which of the following does not apply to Pareto efficiency?
Q18NTS / FPSC / PPSC
What type of unemployment is directly related to swings in the business cycle?
Q19NTS / FPSC / PPSC