MCQsDrive | MCQsDrive

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.

An increase in interest rates ?

A Is likely to reduce savings

B Is likely to reduce the external value of the currency

C Leads to a shift in the MEC schedule

D Leads to a movement along the MEC schedule

Review Detailed Answer

Correct Answer: Leads to a shift in the MEC schedule

An increase in investment is most likely to be caused by ?

A Lower interest rates

B Lower national income

C A decrease in the marginal propensity to consume

D An increase in withdrawals

Review Detailed Answer

Correct Answer: A decrease in the marginal propensity to consume

Friedman’s theory of consumption focuses on ?

A Past income

B Current income

C Disposable income

D permanent income

Review Detailed Answer

Correct Answer: permanent income

An increase in consumption at any given level of income is likely to lead to ?

A A fall is savings

B An increase in exports

C A fall in taxation revenue

D A decrease in import spending

Review Detailed Answer

Correct Answer: An increase in exports

If the Keynesian consumption function is C = 10 + 0.8 Td when disposable income is Rs1000 the average propensity to consume is what ?

A 0.8

B 800

C 810

D 0.81

Review Detailed Answer

Correct Answer: 810

If the Keynesian consumption function is C = 10 + 0.8 Td when disposable income is Rs1000 total consumption is what ?

A 0.8

B 800

C 810

D 0.81

Review Detailed Answer

Correct Answer: 0.8

If the marginal propensity to consume on domestic products is 0.9 the size of the multiplier is ?

A 10

B 1

C 9

D 0.1

Review Detailed Answer

Correct Answer: 1

To anticipate what the economy is going to do next the government will look at ?

A Lagging indicators

B Flashing indicator

C Coincidental indicators

D Leading indicators

Review Detailed Answer

Correct Answer: Leading indicators

The socially optimal rate of growth is ?

A Zero

B Negative

C Where the marginal social benefit = the marginal social cost

D Total social costs are minimised

Review Detailed Answer

Correct Answer: Where the marginal social benefit = the marginal social cost

Potential growth measures ?

A the growth of the fastest economy in the world

B The fastest growth an economy has ever achieved

C The present rate of growth of an economy

D The rate of growth that could be achieved if resources were fully employed

Review Detailed Answer

Correct Answer: the growth of the fastest economy in the world

Showing 61 to 70 of 4423 results

Contact Info

Economics Mcqs 4423 MCQs [All-Courses]

All Topics 4423

All Topics 4423

An increase in interest rates ?

An increase in investment is most likely to be caused by ?

Friedman’s theory of consumption focuses on ?

An increase in consumption at any given level of income is likely to lead to ?

If the Keynesian consumption function is C = 10 + 0.8 Td when disposable income is Rs1000 the average propensity to consume is what ?

If the Keynesian consumption function is C = 10 + 0.8 Td when disposable income is Rs1000 total consumption is what ?

If the marginal propensity to consume on domestic products is 0.9 the size of the multiplier is ?

To anticipate what the economy is going to do next the government will look at ?

The socially optimal rate of growth is ?

Potential growth measures ?