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MCQs4All - Economics MCQs for NTS, FPSC, CSS, IELTS, TOEFL

Question. An increase in the marginal propensity to consumer (MPC) ?
  1. raises the value of the multiplier
  2. has no impact on the value of the multiplier?
  3. rarely occurs because the MPC is set by congressional legislation
  4. lowers the value of the multiplier
Question. If the quantity of money demanded exceeds the quantity of money supplied then the interest rate will ?
  1. change in a certain direction
  2. remain constant
  3. fall
  4. rise
Question. The exchange system is based on_______________?
  1. government reaction
  2. supply and demand
  3. lack of labor
  4. goods and service
Question. An increase in the budget deficit will ?
  1. raise the real interest rate and decrease the quantity of loanable funds demanded for investment
  2. lower the real interest rate and increase the quantity of loaable funds demanded for investment
  3. raise the real interest rate and increase the quantity of loandable funds demanded for investment
  4. lower the real interest rate and decrease the quantity of loanable funds demanded for investment
Question. The development of modern culture is CHIEFLY dependent upon ?
  1. bifocalism
  2. upright posture
  3. grasping ability of the hand
  4. complex symbolic communication
Question. The rate at which a firm can substitute capital for labour and hold output constant is the ?
  1. marginal rate of factor substitution
  2. marginal rate of substitution
  3. law of diminishing marginal returns.
  4. marginal rate of production

Economics MCQs for NTS, FPSC, CSS, PPSC, PMS, UTS, FTS, OTS, Economy, Finance, Accounting, MBA, BBA of past papers
Question. The knowledge of how the blood circulates in the body is a(n)______________?
  1. invention
  2. discovery
  3. diffusion
  4. innovation
Question. Pivotal institutions_________________?
  1. arise from fundamental human needs
  2. include government the economy education the family and religion
  3. differ in traits and culture complexes from society to society
  4. all of the above
Question. Censorship______________?
  1. is the same as propaganda
  2. gives a one-sided interpretation of an issue
  3. deletes all or parts of information
  4. is the opposite of propaganda?
Question. Refer to Exhibit 6.Suppose the economy is in long-run equilibrium at point E. A sudden increase in government spending should move the economy in the direction of point ?
  1. d
  2. G
  3. E
  4. b
Question. Livestock sector accounts for nearly 36 percent of agriculture value added and about 9.0 percent of the ?
  1. GDP
  2. GNP
  3. export earnings
  4. budget
Question. Language____________?
  1. helps humans to cooperate
  2. passes on knowledge from generation to generation
  3. reflects changes in society
  4. all of the above
Question. The study of a company’s accounting statements and future prospects to determine its value is known as ?
  1. information analysis
  2. risk management
  3. fundamental analysis
  4. diversification
Important MCQs
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Question: The rate of reaction___________________?
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Question: Holy Prophet Muhammad (PBUH) had ……aunts (only 2 accepted Islam)
Question: To prevent electric shocks, a/an ________ is placed in the circuit.
Question: How many times does the name of Muhammad (SAW) come in the Quran?
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Worthy Quote
The highest result of education is tolerance. - Helen Keller