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

  1. 75 percent
  2. 35 percent
  3. 60 percent
  4. 40 percent
  5. 25 percent
  1. By foreign nations
  2. By government investments
  3. By Congress
  4. By withdrawals from the Treasury Department
  1. extended warranties offer value for money.
  2. the cost of repair will usually exceed the cost of the warranty
  3. they are paid commission on each extended warranty they sell.
  4. They are concerned about customer satisfaction.
  1. The upturn
  2. The peeking out
  3. The expansion
  4. The recession
  1. GDP usually decreases before it increases after a currency depreciation
  2. the trade balance usually gets worse before it improves after a currency depreciation
  3. the trade balance usually gets better before it gets worse after a currency appreciation
  4. GDP usually decreases before it increases after a currency appreciation
  1. low; low
  2. high; high
  3. low; high
  4. high; low

Economics MCQs for NTS, FPSC, CSS, PPSC, PMS, UTS, FTS, OTS, Economy, Finance, Accounting, MBA, BBA of past papers

  1. always determines the price at which a good must be sold
  2. sets a legal maximum on the price at which a good can be sold
  3. is not a binding constraint if it is set above the equilibrium price
  4. sets a legal minimum on the price at which a good can be sold
  1. primary products such as tin and bauxite
  2. intermediate products
  3. labor-intensive agricultural products
  4. labor-intensive manufacturing products
  1. control the individual socially and politically
  2. control only political life
  3. leave individuals human and civil rights intact
  4. deal only with economic and foreign policy matters
  1. coordinator of other production resources
  2. - decision maker under uncertainty
  3. I- innovator
  4. - gap filler and input completer
  5. I and II only
  6. II and III only
  1. the time lost in finding it
  2. the quantity of other goods sacrificed to get another unit of that good
  3. the expenditure on the good
  4. the loss of interest in using savings
  1. home demand for imports is inelastic and foreign export demand is inelastic
  2. home demand for imports is elastic and foreign export demand is inelastic
  3. home demand for imports is inelastic and foreign export demand is elastic
  4. home demand for imports is elastic and foreign export demand is elastic
  1. occurred after President Wilson,s stroke
  2. was due to the Republican Senate,s opposition
  3. illustrated that national interest is more important than collective security or moral opposition to aggression
  4. was due to Marxism-Leninism