Economics MCQs

4475 MCQs  (Page 122 of 448)

Attempt Economics Mcqs Quiz
Government policies that focus on changing interest rates are called ?
A. Fiscal policies
B. Monetary policies
C. Supply-side policies
D. Incomes policies
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If VAT rates rise, then costs are likely to ___ and demand is likely to ____?
A. Rise; rise
B. Rise; fall
C. Fall; fall
D. Fall; rise
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Aggregate supply is the total amount ?
A. Of products produced by a given industry.
B. Produced by the government
C. Of labour supplied by all households
D. Of goods and services produced in an economy.
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Unemployment resulting from imperfect information in the labour market is called ____ unemployment?
A. Frictional
B. Natural
C. Real-wage
D. Disequilibrium
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The demand for ice-cream is lower outside of summer causing lower demand for ice-cream salesman if they cannot find other work, this is called _______ unemployment?
A. Regional
B. Structural
C. Seasonal
D. Demand-deficient
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As prices rise. People will want to keep more money as cash and in bank accounts This is called ?
A. Real balance effect.
B. Cash ratio.
C. Money illusion.
D. Menu costs of inflation.
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Which does the government not control directly ?
A. Spending on health
B. Spending on defence
C. Firms investment decisions
D. Spending on education
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Which of the following can the government not use directly to control the economy ?
A. Pay rates within the private sector
B. Pay rates in the public sector
C. Investment in education
D. Benefits available for the unemployed and sick
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Which of the following is a possible government objective as opposed to a policy ?
A. Lower interest rates
B. Lower taxation rates
C. Lower government spending
D. Lower inflation
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Reducing inflation is a more important objective than economic growth is an example of ?
A. Normative economics
B. Positive economics
C. Objective economics
D. Reality economics
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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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