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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

The main problem facing societies with a surplus is_____________________?
A how to get rid of it
B what to produce how produce it and for whom to produce it
C there is no problem it is divided equally
D how to keep it away from enemies
Correct Answer: what to produce how produce it and for whom to produce it
The numbers of PACs ?
A doubled since 1974
B tripled since 1074
C quadrupled since 1974
D increased nearly sevenfold since 1974
Correct Answer: increased nearly sevenfold since 1974
The foremost advantage of a corporation is its_____________?
A ability to accumulate vast amounts of capital in a short time
B capacity for protracted periods of employment
C ability to profit from the labor of its employees
D necessity to exhibit the latest technology
Correct Answer: ability to accumulate vast amounts of capital in a short time
In most societies ownership of property takes one of three forms________________?
A restricted guarded and private
B esthetic visible tangible
C communal private public
D ambiguous hermetic contraceptive
Correct Answer: communal private public
Land labor capital and entrepreneurship are called__________________?
A raw materials
B impetus to upward mobility
C factors of production
D external devices
Correct Answer: factors of production
Each society must make the following decisions of an economic nature regarding the______________?
A time place and quantity of production
B assessment collection and counting of taxes
C measurement of land water and minerals
D production distribution and consumption of goods and services
Correct Answer: production distribution and consumption of goods and services
Which resources are scarce in every society ?
A Fertile land
B Wheat and com
C Food shelter and protective coverings
D Sufficient males to mate with all the females
Correct Answer: Food shelter and protective coverings
Whenever a third party becomes significant its platform _______________ ?
A is rejected by the two main parties
B is integrated into the platforms of the two main parties
C is declared unconstitutional
D becomes a social movement
Correct Answer: is integrated into the platforms of the two main parties
The transitional period between the dominance of one party or another is called_______________?
A realignment
B dealignment
C alignment
D derailment
Correct Answer: realignment
“Hard “money is_________________?
A money actually tendered to campaigns
B cash rather than checks or notes
C money given during the campaign
D none of the above
Correct Answer: none of the above
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