M C Q s D r i v e

Economics Mcqs 4423 MCQs [All-Courses]

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Economics MCQs cover fundamental concepts of microeconomics and macroeconomics, including demand and supply, inflation, national income, and economic policies.
This section is designed to strengthen analytical skills and conceptual understanding for competitive examinations.
Highly useful for PPSC, FPSC, NTS, OTS, KPPSC, and other testing services preparation.

I = S + F The equation above states that a country can increase its new capital formation (or investment) through is ?
A own domestic savings and by inflows of capital from abroad
B stock market and fiscal policy
C savings from abroad and financial outflow
D savings and financial liberalization
Correct Answer: own domestic savings and by inflows of capital from abroad
Which of the following statement is NOT true about OECD aid ?
A During the 1980s OECD countries contributed four fifths of the world’s bilateral official development assistance to LDCs
B In the early 1990s the OECD contributed 98 percent of all aid
C The OECD aid increased from $6.9 billion in 1970 to $8.9 billion in 2001
D In 2001, only Denmark Norway, Sweden, the Netherlands, and Luxembourg exceeded the aid target for LDCs
Correct Answer: The OECD aid increased from $6.9 billion in 1970 to $8.9 billion in 2001
Dani Rodrik points out that ?
A an economy more open to foreign trade and investment faces a more inelastic demand for unskilled workers
B employers and consumers can more readily replace domestic workers with foreign workers by investing abroad or buying imports
C globalization increases job insecurity
D financial liberalization in LDCs leads to collapse of the economy
Correct Answer: globalization increases job insecurity