Economics MCQs

4475 MCQs  (Page 351 of 448)

Attempt Economics Mcqs Quiz
When supply and demand are essentially equal the economy is said to be in________________?
A. A recession
B. Equilibrium
C. Equivalence
D. Abeyance
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Which is NOT a socioeconomic goal _______________?
A. Full employment
B. High and equitably distributed income
C. Reasonable price stability
D. Low prime interest rate
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Inflation results when_________________?
A. Demand exceeds supply
B. Supply exceed demand
C. There is control of purchasing power
D. Consumers have no purchasing power
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The participants in a market economy cannot pursue their goals freely because they are affected by_________________?
A. The ratio of gold to paper money
B. Economic laws
C. Prices and incomes
D. The religious institution
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The behavior of an individual firm is part of_______________?
A. Macroeconomics
B. Macroeconomics
C. Macroeconomics
D. Institutional economics
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Income received by firms from sources other than households is called_________________?
A. Incremental
B. Windfalls
C. Injections
D. Incidentals
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Income received by firms that is not returned to households or other firms is called________________?
A. Savings
B. Withdrawals
C. Unbalanced exchange
D. Exchange flow
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Which of the following is NOT a predominant goal of American society ?
A. A desirable mix of windfall profits
B. A leisure-based society
C. Spectacular growth
D. None of the above are dominant goals
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The marginal productivity of labor_________________?
A. Concerns wage rates and labor supply
B. Is a political as well as economic issue
C. Is complicated by overlapping labor markets
D. All of the above
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The condition of an increase in prices NOT triggered by an increase in demand is called_______________?
A. Hyperinflation
B. The pigou effects
C. Inflation
D. Restraint of trade
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Word of the Day
21 Jul
Refrain
stop oneself from doing something.
روکنا، پرہیز کرنا

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