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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.

All Topics  4423

Which of the following is not a requirement for economic development ?
A a temperate climate
B natural resources
C an adequate capital bases
D technological advance
Correct Answer: a temperate climate
Economic rent ?
A is productive activity to obtain private benefit from public action and resources
B are the payments above the minimum essential to attract the resources to the market?
C is the wage used to pay unskilled workers?
D does not include monopoly profits
Correct Answer: are the payments above the minimum essential to attract the resources to the market?
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