Economics MCQs

Page No. 278

An economy may operate outside the production possibility Frontier if ?


aIt is not utilizing its resources fully


bIt is being productively efficient


c It is a mixed economy


d It is trading other economies



In a free market the combination of products produced will be determined by ?


aMarket forces of supply and demand


b The government


c The law


d The public Sector



Economic growth can be shown by ?


aAn inward shift of the production possibility frontier


bA movement along the production possibility frontier


cAn outward shift of the production possibility frontier


dA decision by the government to produce inside the production possibility frontier



A way of helping depressed regions by having wage subsidies lower business taxes and capital subsidies has been suggested as ?


aNew classical economists


b left-wing theorists


c interventionist policies


dmonetarists



Which of the following statements supports deregulation of industries ?


aTechnological change has made it possible for many industries to become more competitive


b Because few real natural monopolies exist there is rarely a reason for government regulation


cMany instances of government regulation have succeeded in reducing competition in industries where competition may be beneficial


dAll of the above


View Answer All of the above

Privatisation is the transfer out ?


a Publicly held stock to private individuals


bcorporately owned businesses to individuals


c government businesses to the private sector


dPrivately owned business to the government sector



Reaganomics was a radical shift in Policy aimed at direct tackling ?


aThe charities economy


bThe demand side of the country


c The underground economy


d the supply side of the economy



According to supply side economists as tax rates are reduced labour supply should increase. This implies that ?


aThere is no income effect when tax rates are changed


b The income effect of a wage change is greater than the substitution effect of a wage change.


c There is no substitution effect when tax rates are changed


dThe substitution effect of a wage change is greater than the income effect of a wage change



Which of the following would be considered a supply-side policy ?


aAn increase in the minimum wage that would cause consumer spending to increase


b Investment tax credits for businesses to encourage investment


cRestrictions placed on the amount that can be imported


d An increased in government spending that would lead to increased aggregate demand



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


aThe upturn


bThe peeking out


c The expansion


dThe recession


View Answer The recession

Goto Page No.

Page 278 of 444

Alphabetical MCQs Categories

Here below You find all kind of categories of MCQs in alphabetical order.


"Comprehensive Collection of MCQs: Alphabetically Organized by Subject"

"Discover an extensive collection of multiple-choice questions (MCQs) neatly categorized by subject from A to Z. This resource is designed for anyone eager to explore various topics in a straightforward and organized manner. Whether you're a student preparing for exams, an educator seeking supplementary materials, or simply curious about different subjects, this compilation offers a convenient way to learn and assess your knowledge. With questions arranged alphabetically, navigation is effortless, allowing you to delve into subjects of interest at your own pace. Engage, learn, and expand your understanding with this accessible and comprehensive repository of MCQs!"


BolPakistan

bolpakistan.com.pk includes Job Mcqs and Pak Mcqs is the Top Largest Mcqs Forum in World, in which you can read Mcqs of All Subjects, PPSC test preparation, FPSC, NTS and PPSC PAST PAPERS, PPSC PAST MCQS. A Collection of Repeated MCQs for JOBs seekers.

Copyright © 2024, Designed & Developed by BolPakistan