Economics MCQs

4475 MCQs  (Page 286 of 448)

Attempt Economics Mcqs Quiz
The situation with increasing unemployment and inflation is terms as ?
A. hyperinflation
B. reflection
C. stagflation
D. galloping
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What is called the tax that is levied on retail price of merchandise collected by retailer ?
A. sales tax
B. general tax
C. local tax
D. gross tax
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Currency that is expected to drop in value relative to other currencies is called ?
A. local currency
B. cold currency
C. lime currency
D. soft currency
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Term the average income of the people of a country during a year ?
A. national income
B. domestic income
C. protection income
D. per capita income
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Term the central market for buying and selling all kind of securities ?
A. a big company
B. stock exchange
C. joint stock
D. a multinational company
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Deregulation is the reduction of government’s role in ?
A. controlling banks
B. controlling cooperation
C. controlling markets
D. none of them
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Term the minimum income level below which a person is considered to be living in poverty ?
A. poverty level
B. poverty line
C. both of them
D. none of them
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What is public sector ?
A. public corporations
B. central and local government
C. nationalized industries
D. all of them
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What is inflation ?
A. increase in the amount of circulating money
B. lowering of purchasing power
C. decrease in the amount of circulation money
D. none of these
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Governmental non-interference in commerce is called ?
A. free market economy
B. laissez faire also laisser faire
C. open market economy
D. liberal market economy
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Word of the Day
23 Jul
Aisle
a passage between rows of seats in a building such as a church or theatre, an aircraft, or train.
طویل تنگ راستہ، نشتوں کے درمیان راستہ

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