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Economics Mcqs 4423 MCQs [All-Courses]

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.

A state planning ideology arose in LDCs as a reaction to nationalist perceptions of ?

A Keeping balanced budget, a price target

B slow economic growth under colonial capitalism

C minimizing public spending in the rural areas

D western countries, nation-state ideology

Review Detailed Answer

Correct Answer: slow economic growth under colonial capitalism

Branko Horvat’s historical review of the last two and one-half century indicates that in large part market or decentralized socialism ?

A has failed

B works well in Utopia

C is widely used in sub Saharan Africa

D is the only way to eradicate poverty?

Review Detailed Answer

Correct Answer: has failed

Polish economist Oskar Lange’s model of decentralized ______ combined the advantages of market allocation with more uniform income distribution by dividing the returns from social ownership of nonhuman productive resources among the whole population ?

A market socialism

B capitalism

C mixed economy

D monopoly

Review Detailed Answer

Correct Answer: market socialism

Most mixed or capitalist developing countries are limited to an indicative plan, which indicates expectations, aspirations, and intentions ?

A but falls short of authorization

B with immediate implementation

C of the central bank

D of implementation through foreign aid

Review Detailed Answer

Correct Answer: but falls short of authorization

Worker-managed socialism helped contribute to ________ ‘s rapid economic growth from 1959 to 1979?

A Yugoslavia

B Chile

C Vietnam

D Japan

Review Detailed Answer

Correct Answer: Yugoslavia

The input-output table, when divided vertically shows ?

A the inputs to each industry from other industries and sectors

B development planning and the required information on national income growth

C the planned public capital divided by feasible actual industrial projects public capital

D how the output of each industry is distributed within the sectors of the economy

Review Detailed Answer

Correct Answer: the inputs to each industry from other industries and sectors

Takatoshi Ito (1992) contends that parliamentary governments manipulate the timing of _ while presidential governments manipulate the timing of _?

A monetary policy, fiscal policy

B elections; economics policies

C economic policies; political policies

D tax collection, tax implementation

Review Detailed Answer

Correct Answer: elections; economics policies

Planning in many LDCs has failed because detailed programs for the public sector have not been worked out and ?

A governments depend primarily on their colonial masters

B excessive controls are used in the private sector

C the brain drains cost government substantially

D monopolies dominate in the agricultural sector

Review Detailed Answer

Correct Answer: excessive controls are used in the private sector

Which of the following is not a public policy to promote the private sector ?

A Investigating development potential through scientific and market research and natural resources surveys

B Providing adequate infrastructure for public and private agencies

C Creating markets, including commodity markets, security exchanges, banks credit facilities and insurance companies

D Increasing market monopolies and oligopolies to help producers

Review Detailed Answer

Correct Answer: Increasing market monopolies and oligopolies to help producers

Under Soviet-type economy-wide central planning ?

A most resource lack freedom to move to their highest value uses

B resources are free to move to their lowest cost uses

C resources owned by private entities moves to efficient use but not those owned publicly

D resources are privately owned by capitalists

Review Detailed Answer

Correct Answer: most resource lack freedom to move to their highest value uses

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Economics Mcqs 4423 MCQs [All-Courses]

All Topics 4423

All Topics 4423

A state planning ideology arose in LDCs as a reaction to nationalist perceptions of ?

Branko Horvat’s historical review of the last two and one-half century indicates that in large part market or decentralized socialism ?

Polish economist Oskar Lange’s model of decentralized ______ combined the advantages of market allocation with more uniform income distribution by dividing the returns from social ownership of nonhuman productive resources among the whole population ?

Most mixed or capitalist developing countries are limited to an indicative plan, which indicates expectations, aspirations, and intentions ?

Worker-managed socialism helped contribute to ________ ‘s rapid economic growth from 1959 to 1979?

The input-output table, when divided vertically shows ?

Takatoshi Ito (1992) contends that parliamentary governments manipulate the timing of _ while presidential governments manipulate the timing of _?

Planning in many LDCs has failed because detailed programs for the public sector have not been worked out and ?

Which of the following is not a public policy to promote the private sector ?

Under Soviet-type economy-wide central planning ?

Contact Info

Economics Mcqs 4423 MCQs [All-Courses]

All Topics 4423

All Topics 4423

A state planning ideology arose in LDCs as a reaction to nationalist perceptions of ?

Branko Horvat’s historical review of the last two and one-half century indicates that in large part market or decentralized socialism ?

Polish economist Oskar Lange’s model of decentralized ______ combined the advantages of market allocation with more uniform income distribution by dividing the returns from social ownership of nonhuman productive resources among the whole population ?

Most mixed or capitalist developing countries are limited to an indicative plan, which indicates expectations, aspirations, and intentions ?

Worker-managed socialism helped contribute to ________ ‘s rapid economic growth from 1959 to 1979?

The input-output table, when divided vertically shows ?

Takatoshi Ito (1992) contends that parliamentary governments manipulate the timing of _____ while presidential governments manipulate the timing of _____?

Planning in many LDCs has failed because detailed programs for the public sector have not been worked out and ?

Which of the following is not a public policy to promote the private sector ?

Under Soviet-type economy-wide central planning ?

Takatoshi Ito (1992) contends that parliamentary governments manipulate the timing of _ while presidential governments manipulate the timing of _?