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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.

The pivotal institution of government_________________?

A exists in every nation

B is lacking in Third-World nations

C is represented by the U.N on a global level

D exists only theoretically or in a rudimentary form on the international level

Review Detailed Answer

Correct Answer: exists only theoretically or in a rudimentary form on the international level

The instruments of foreign policy may be defined as_________________?

A tools with which nations try to manipulate other nations

B exchanges entered into in the spirit of trust

C expressions of human solidarity around the world

D ways of competing for the title of superpower

Review Detailed Answer

Correct Answer: tools with which nations try to manipulate other nations

Entities such as the U.N and the European Economic Community (Common Market) are classed as_____________?

A IGOs

B LDCs

C ICUs

D EEcs

Review Detailed Answer

Correct Answer: IGOs

American military policy has been built on___________________?

A assured destruction capability

B very large number of troops

C trust in U.S allies

D a spirit of peace in the world

Review Detailed Answer

Correct Answer: assured destruction capability

American foreign aid after World War II_________________?

A helped the domestic economies of industrial nations

B boosted international trade

C prevented revolutionary movements from starting in a number of nations

D all of the above

Review Detailed Answer

Correct Answer: boosted international trade

The author of a famous treatise on the origin of the state characterized existence in the “state of nature” as________________?

A similar to an earthly paradise

B among “noble savages”

C “solitary poor nasty brutish and short”

D a pre-Christian utopia

Review Detailed Answer

Correct Answer: “solitary poor nasty brutish and short”

The view that nationalism would wither away was held by_________________?

A classical liberals

B Marxists

C stoic philosophers like Marcus Aurelius

D all of the above

Review Detailed Answer

Correct Answer: Marxists

The first European people to form a nation were is________________?

A Scots

B Picts

C Slavs

D English

Review Detailed Answer

Correct Answer: English

In the U.S the military is________________?

A subordinate to the government

B a provision of government

C synonymous with government

D the basis of legitimate government

Review Detailed Answer

Correct Answer: subordinate to the government

The emergence of the sate as a result of a “social contract” is the hypothesis found in the work of________________?

A Talcott Parsons

B Thomas Hobbes

C Karl Marx

D Jean-Jacques Rousseau

Review Detailed Answer

Correct Answer: Thomas Hobbes

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Economics Mcqs 4423 MCQs [All-Courses]

All Topics 4423

All Topics 4423

The pivotal institution of government_________________?

The instruments of foreign policy may be defined as_________________?

Entities such as the U.N and the European Economic Community (Common Market) are classed as_____________?

American military policy has been built on___________________?

American foreign aid after World War II_________________?

The author of a famous treatise on the origin of the state characterized existence in the “state of nature” as________________?

The view that nationalism would wither away was held by_________________?

The first European people to form a nation were is________________?

In the U.S the military is________________?

The emergence of the sate as a result of a “social contract” is the hypothesis found in the work of________________?