M C Q s D r i v e
03079682698
mcqsdrive@gmail.com
About
Contact

Contact Info

03079682698

mcqsdrive@gmail.com

Ad Banner

Economics Mcqs 4423 MCQs [All-Courses]

thumb


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 writers of the Constitution intended the president to have________________?
A strong personal power
B weak personal power
C no power at all
D power only in declaring war
Correct Answer: weak personal power
Judicial review by the Supreme Court is based on____________?
A explicit statements in the Constitution
B the Marbury v Madison decision
C an act of Congress
D the First Amendment to the Constitution
Correct Answer: the Marbury v Madison decision
Which is NOT a presidential role ?
A Chief Justice
B commander in chief of Armed Forces
C chief diplomat
D party leader
Correct Answer: Chief Justice
The chief reason that Congress is so ineffective is________________?
A that the Constitution delegates it so little power
B a result of the gradual emergence of the Supreme Court as a legislative body
C the development of the power of state governments
D the traditional organization of the legislative branch
Correct Answer: the traditional organization of the legislative branch
Government____________?
A is a pivotal institution
B is the acting arm of the state
C includes the political process
D all of the above
Correct Answer: all of the above
“Laissez-faire”______________?
A is the rallying cry of the Women Liberation Movement?
B was Karl Marx’s exhortation to the workers of the world
C is the French expression Adam Smith used to mean that government should keep its hands off the economy?
D is the economic theory introduced to the U.S by Keynes?
Correct Answer: is the French expression Adam Smith used to mean that government should keep its hands off the economy?
Contrary to Karl Marx,s expectations communist revolutions occurred in_______________?
A agricultural nations like Cuba
B less economically developed nations like Russia
C Asian nations lacking well-developed industrial sectors like China
D all of the above
Correct Answer: all of the above
Why is the private ownership of property deemed beneficial ?
A It is the American way
B Greed makes the world go around
C keeping up with the Joneses leads to success
D None of the above
Correct Answer: None of the above
Democratic capitalism means that________________?
A all property belongs to the government
B the economy is regulated through legislation and taxation
C losers totally destroyed
D the individual is free to do anything as long as he/she has money
Correct Answer: the economy is regulated through legislation and taxation
The fundamental assumption of democratic socialism is that_______________?
A participation in political decision making should be extended to religious leaders
B the Socialist party must be in command of the economy
C participation in political decision making should be extended to economic decision making
D it is not necessary for everyone in a society to work
Correct Answer: participation in political decision making should be extended to economic decision making
03079682698
mcqsdrive@gmail.com

Copyright @ 2026 MCQsDrive . All Rights Reserved.