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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.

Goals are achieved through ____ such a monetary fiscal, exchange rate tariff tax subsidy, business incentive foreign investment and foreign aid?

A indicative plan

B central bank policies

C central planning

D instrument variables

Review Detailed Answer

Correct Answer: instrument variables

Annual GNP growth of 6% poverty reduced by 1% point of the population Balance of payments deficit not in excess of $200 million For a planner, the above are ?

A achieved only through socialism

B target variables

C bound by soft budget

D recurrent expenditures

Review Detailed Answer

Correct Answer: target variables

A medium-term plan can be a(n) ________ revised at the end of each year?

A instrument variable

B seasonal expenditure

C rolling plan

D perspective plan

Review Detailed Answer

Correct Answer: rolling plan

According to Oskar Lange’s model socialist enterprises should produce where ?

A The monopoly profit maximization rule applies

B Product price equals marginal cost

C marginal revenue equals average cost

D total revenue equals total cost

Review Detailed Answer

Correct Answer: Product price equals marginal cost

Government’s use of coordinated policies to achieve national economic objectives is ?

A commanding heights

B entrepreneurial programs

C public physical policy

D development planning

Review Detailed Answer

Correct Answer: development planning

Deepak Lal argues that development economics is dominated by _______ approach that favors government intervention into LDC prices?

A dirigiste

B Keynesian

C Commanding heights

D soft budget

Review Detailed Answer

Correct Answer: dirigiste

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Economics Mcqs 4423 MCQs [All-Courses]

All Topics 4423

All Topics 4423

Goals are achieved through ____ such a monetary fiscal, exchange rate tariff tax subsidy, business incentive foreign investment and foreign aid?

Annual GNP growth of 6% poverty reduced by 1% point of the population Balance of payments deficit not in excess of $200 million For a planner, the above are ?

A medium-term plan can be a(n) ________ revised at the end of each year?

According to Oskar Lange’s model socialist enterprises should produce where ?

Government’s use of coordinated policies to achieve national economic objectives is ?

Deepak Lal argues that development economics is dominated by _______ approach that favors government intervention into LDC prices?