Economics MCQs

4475 MCQs  (Page 384 of 448)

Attempt Economics Mcqs Quiz
Exceptions to the circular flow are__________________?
A. Incidentals
B. Withdrawals
C. Injections
D. B and c only
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In microeconomics the household is defined as_______________?
A. The nuclear family
B. The extended family
C. Everyone who lives under one roof
D. All of the above
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Income received by households that is not returned to firms is called_______________?
A. Dissaving’s
B. Withdrawals
C. Incremental
D. Injections
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Need and demand________________?
A. Are unrelated concepts
B. Amount to the same thing
C. Are closely related to price
D. Are closely related to supply
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The Department of Health and Human Services has summarized the “correct” mix of goods and services through ?
A. “market basket of goods
B. The consumer price index
C. 165 social indicators
D. The externalities index
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Without stabilized prices_______________?
A. Product market demand is problematic
B. Resource market demand is problematic
C. The distribution of income becomes more inequitable
D. All of the above
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Total planned OR desired spending in the economy as a whole within a given period is called_____________?
A. Pent-up demand
B. Aggregate demand
C. Elastic demand
D. Excess demand
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Maintaining full employment stabilizing the economy and pursuing economic growth are issues analyzed in the context of_______________?
A. Super economics
B. Microeconomics
C. Microeconomics
D. Hyper economics
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Firms sell their products in________________?
A. Factor markets
B. Resource markets
C. Product markets
D. Abstract markets
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Participants in the market system________________?
A. Are totally free to pursue their goals
B. Are affected by prices and incomes
C. Try to maximize their worth
D. Try to maximize their labor
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Word of the Day
18 Jul
Proactive
(of a person or action) creating or controlling a situation rather than just responding to it after it has happened.
فعال، پیش قدمی کے ذریعے صورتحال پر قابو پانیوالا

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