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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.

A linear consumption function with a positive slope less than one means that if income increases consumption will ?

A fall

B not change

C fluctuate

D increase

Review Detailed Answer

Correct Answer: increase

In a macroeconomic model without foreign trade or a government aggregate demand is the sum of ?

A personal saving and private investment

B personal saving and personal consumption

C personal consumption and private investment

D None of the above

Review Detailed Answer

Correct Answer: personal consumption and private investment

Real GNP is a crude measure of national welfare because it excludes ?

A consumption

B investment

C exports

D work in the home

Review Detailed Answer

Correct Answer: work in the home

Nominal GNP measures income ?

A At the present time

B corrected for tax changes

C corrected for changes in interest rates

D At current prices

Review Detailed Answer

Correct Answer: At current prices

Injection into the circular flow are and ____?

A consumption investment exports

B investment exports transfer payments

C investment government expenditure exports

D taxes exports, transfer payments

Review Detailed Answer

Correct Answer: investment government expenditure exports

In the economy when a steel producer sells steel to car producer it is regarded as ?

A a final good

B an intermediate good

C an injection

D a leakage

Review Detailed Answer

Correct Answer: an intermediate good

The key issues of macroeconomics are ?

A unemployment

B inflation

C economic growth

D All of the above

Review Detailed Answer

Correct Answer: All of the above

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Economics Mcqs 4423 MCQs [All-Courses]

All Topics 4423

All Topics 4423

A linear consumption function with a positive slope less than one means that if income increases consumption will ?

In a macroeconomic model without foreign trade or a government aggregate demand is the sum of ?

Real GNP is a crude measure of national welfare because it excludes ?

Nominal GNP measures income ?

Injection into the circular flow are and ____?

In the economy when a steel producer sells steel to car producer it is regarded as ?

The key issues of macroeconomics are ?

Contact Info

Economics Mcqs 4423 MCQs [All-Courses]

All Topics 4423

All Topics 4423

A linear consumption function with a positive slope less than one means that if income increases consumption will ?

In a macroeconomic model without foreign trade or a government aggregate demand is the sum of ?

Real GNP is a crude measure of national welfare because it excludes ?

Nominal GNP measures income ?

Injection into the circular flow are ______ and __________?

In the economy when a steel producer sells steel to car producer it is regarded as ?

The key issues of macroeconomics are ?

Injection into the circular flow are and ____?