Economics MCQs


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Economics Quiz

1 / 25

Name the organization which publishes the Consumer Confidence index:-

2 / 25

This step will increase per capita income in Pakistan:-

3 / 25

If the exchange rate is below the equilibrium level:-

4 / 25

The price mechanism can not:-

5 / 25

If a few firms dominate an industry the market is known as:-

6 / 25

A profit maximising firm will employ labour up to the point where marginal revenue product =:-

7 / 25

According to the quantity theory of money an increase in the money supply is most likely to lead to inflation if:-

8 / 25

The bank established for loan to a very small enterprises is called:-

9 / 25

Macroeconomics deals with:-

10 / 25

The marginal Revenue product is:-

11 / 25

Every one should study economics is a ____ statement:-

12 / 25

Free trade is based on the principle of:-

13 / 25

Which might be a scarce good:-

14 / 25

What is not a feature of private finance:-

15 / 25

According to the philips curve unemployment will return to the natural rate when Real wages are back at equilibrium:-

16 / 25

Which is the government most likely to subsidies:-

17 / 25

Demand for primary products is likely to be;-

18 / 25

The condition that other things stay the same is also called:-

19 / 25

If the price elasticity of demand for a product in market A is -0.2 and in market B is -3 a price discriminator will charge:-

20 / 25

Percentage change in quantity demanded divided by the percentage change is price is:-

21 / 25

Net national products equal:-

22 / 25

If CDA gets a loan from world bank for roads it will be recorded in the balance of payments in the section:-

23 / 25

A shift in aggregate supply is likely to be:-

24 / 25

The first level of output at which the long run average costs are minimized is called:-

25 / 25

Pakistan share in the world for cotton taxtiles is:-

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