Economics MCQs

4475 MCQs  (Page 121 of 448)

Attempt Economics Mcqs Quiz
If the economy is in the expansionary phase of the business cycle, aggregate demand ____ unemployment ____ inflation ____ payments is likely to move towards ____?
A. Falls; rise; falls; surplus
B. Is static; low; rise; deficit;
C. Falls; falls; falls; surplus
D. Rise; falls; rises; deficit
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If the economy is in the recessionary phase of the business cycle, aggregate demand ___ unemployment ____ inflation ___ and the current account of the balance of payments is likely to move towards ____?
A. Falls; falls; falls; surplus
B. Is static; low; rises; deficit
C. Falls; rises; falls; surplus
D. Rises; falls; rises; deficit
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If British residents want more French francs to purchase more French cloths other things equal, then the equilibrium value of the pound against the French franc will ?
A. Rise
B. Fall
C. Not change
D. Fluctuate
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A current account deficit means that a country may ?
A. Reduce its stock of foreign assets
B. Increase its stock of foreign assets
C. Increases its savings
D. Increases its foreign currency reserves
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If a nation’s interest rates are relatively low compared to those of other countries. then the exchange value of its currency will tend to ?
A. Not be affected
B. Appreciate
C. Depreciate
D. Fluctuate more than if interest rates were high
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If the Pakistan receives larger than expected revenues from exports then the exchange value of its currency will tend to ?
A. Not be affected
B. Fluctuate more than if exports were lower
C. Depreciate
D. Appreciate
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The record of country’s imports and exports of goods is called its ?
A. Balance of trade:
B. Balance of payments
C. Balance of payments on current account
D. trade balance
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The record of a country’s imports and exports of of goods and services plus net investment incomes and current transfers of money to and from abroad, is called its ?
A. Balance of payments on current account
B. trade balance
C. Balance of trade
D. Balance of payments
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The record of country’s transfers of land inter-government payments and money sent by migrants to and from abroad is called its ?
A. Balance of payments
B. Capital account of the balance of payments
C. Financial account of the balance of payments
D. Balance of payments on current account
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Government policies that focus on increasing production rather than demand are called ?
A. Fiscal policies
B. Monetary policies
C. Supply-side policies
IncOmes policies
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Word of the Day
26 Jul
Simultaneously
at the same time.
ایک ہی وقت میں، ایک ساتھ، بیک وقت

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