111. Which of the following is a price that is equal to the face value of a security?
A. Balanced
B. At Equilibrium
C. At Par
D. None of them
✅ The correct answer is option C.
Economics MCQs
Prepare for your exams and job tests with our comprehensive collection of Economics MCQs with answers and explanations. These questions cover key topics such as microeconomics, macroeconomics, demand and supply, monetary policy, international trade, and economic growth. Designed for students, competitive exam aspirants, and professionals, our Economics MCQs help you strengthen concepts and improve problem-solving skills. Practice online for NTS, PPSC, FPSC, CSS, PMS, university entry tests, and other competitive exams with the latest and updated Economics multiple-choice questions
112. If the sacrifice ratio is five, a reduction in inflation from 7 percent to 3 percent would require ?
A. A reduction in output of 20 percent
B. A reduction in output of 5percent
C. A reduction in output of 15 percent
D. A reduction in output of 35 percent
✅ The correct answer is option A.
113. What Is economic self-interest, according to economists ?
A. Is a reality that underlies economic behavior
B. Has the same meaning as selfishness
C. Is more characteristic of men than of women
D. Is usually self-defeating
✅ The correct answer is option A.
114. What is GNP?
A. Total sales in the economy
B. Total monetary transactions in an economy
C. The market value of all goods and services produced in an economy
D. Total spending in an economy
✅ The correct answer is option C.
115. To be considered a good candidate for export cartel, a commodity should?
A. Be a manufactured good
B. Be a primary product
C. Have a low price elasticity of supply
D. Have a high price elasticity of demand
✅ The correct answer is option C.
116. Feudalism was undercut by?
A. The migration of serfs to the town
B. Factory competition with handicraft and manorial production
C. Expanded transport trade, discovery and new international markets
D. All of the above
✅ The correct answer is option nu.
117. What is the period called 12-months plan of a country to use its funds?
A. Fiscal period
B. Calendar year
C. Year unit
D. Fiscal year (FY)
✅ The correct answer is option D.
118. Which of the following is a withdraw from the circular flow income stream?
A. Investment
B. Subsidies
C. Taxation
D. Consumption
✅ The correct answer is option C.
119. Which best describes a supply curve ?
A. The quantity consumers would like to buy in an ideal world
B. The quantity producers are willing and able to sell at each and every price all other things unchanged
C. The quantity producers are willing and able to sell at each and every income all other things unchanged
D. The quantity producers are willing and able to sell at each and every point in time all other things unchanged
✅ The correct answer is option B.
120. Hong Kong and South Korea are examples of developing nations that have recently pursued ________ industrialization policies?
A. Import substitution
B. Export promotion
C. Commercial dumping
D. Multilateral contract
✅ The correct answer is option B.