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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 percentage of the labor force that is unemployed is the ?

A unemployment rate

B labor force rate

C employment rate

D unemployment population ratio

Review Detailed Answer

Correct Answer: unemployment rate

The diagram that shows the income received and payments made by each sector of the economy is the ?

A income-expenditures diagram

B aggregate demand-aggregate supply diagram

C circular flow diagram

D income-price diagram

Review Detailed Answer

Correct Answer: circular flow diagram

Higher export demand output and a higher MPZ output?

A reduces, reduces

B reduces, increase

C increase, reduces

D increases, increases

Review Detailed Answer

Correct Answer: increase, reduces

when the level of income _________ there will be a tendency for the trade balance to improve as imports?

A increase, increase

B falls, increase

C falls, fall

D increase, fall

Review Detailed Answer

Correct Answer: falls, fall

Aggregate demand in an economy trading internationally with a government sector can be written as ?

A AD = C + I

B AD = C + I + G

C AD = C + I + G + X + Z

D AD = C + I + G + X – Z

Review Detailed Answer

Correct Answer: AD = C + I

Starting from a balanced budget, for a given tax rate, an increasing in income will cause the government budget to ?

A move into surplus

B move into deficit

C remain unchanged

D None of the above above

Review Detailed Answer

Correct Answer: move into surplus

Aggregate demand without a foreign sector is the sum of ?

A C + 1

B C + G

C I + G

D C + 1 + G

Review Detailed Answer

Correct Answer: C + 1

If the MPC is 0.5 the multiplier is ?

A 2

B 1/2

C 0.2

D 20

Review Detailed Answer

Correct Answer: 2

The multiplier tells us how much changes after a shift in __?

A consumption income

B investment output

C savings investment

D output aggregate demand

Review Detailed Answer

Correct Answer: output aggregate demand

If desired spending in the economy exceeds income we would expect ?

A households to save more

B firms to produce less

C firms to produce more

D the MPC to change

Review Detailed Answer

Correct Answer: firms to produce more

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Economics Mcqs 4423 MCQs [All-Courses]

All Topics 4423

All Topics 4423

The percentage of the labor force that is unemployed is the ?

The diagram that shows the income received and payments made by each sector of the economy is the ?

Higher export demand output and a higher MPZ output?

when the level of income _________ there will be a tendency for the trade balance to improve as imports?

Aggregate demand in an economy trading internationally with a government sector can be written as ?

Starting from a balanced budget, for a given tax rate, an increasing in income will cause the government budget to ?

Aggregate demand without a foreign sector is the sum of ?

If the MPC is 0.5 the multiplier is ?

The multiplier tells us how much changes after a shift in __?

If desired spending in the economy exceeds income we would expect ?

Contact Info

Economics Mcqs 4423 MCQs [All-Courses]

All Topics 4423

All Topics 4423

The percentage of the labor force that is unemployed is the ?

The diagram that shows the income received and payments made by each sector of the economy is the ?

Higher export demand __________ output and a higher MPZ __________ output?

when the level of income _________ there will be a tendency for the trade balance to improve as imports?

Aggregate demand in an economy trading internationally with a government sector can be written as ?

Starting from a balanced budget, for a given tax rate, an increasing in income will cause the government budget to ?

Aggregate demand without a foreign sector is the sum of ?

If the MPC is 0.5 the multiplier is ?

The multiplier tells us how much __________ changes after a shift in ____________?

If desired spending in the economy exceeds income we would expect ?

Higher export demand output and a higher MPZ output?

The multiplier tells us how much changes after a shift in __?