Economics MCQs

A. Fall in prices due to less circulation of currency

B. Fall in employment due to declining production

C. High inflation rate combined with high unemployment and unchanged consume demand

D. None of these

A. Liberalism

B. Free market economics

C. Supply-side economics

D. Supervised market

A. Promissory note

B. Currency note

C. Exchange rate

D. Bank cheque

A. Oligopoly

B. Grey market

C. Oligopsony

D. Greenmarket

A. A budget is an economic plan for an undefined period of time

B. A budget is an economic plan for a defined period of time

C. A budget is a financial plan for an undefined period of time

D. A budget is a financial plan for a defined period of time

A. Gross investment minus household investment

B. Gross investment minus govt. Investment

C. Gross investment minus capital consumption allowance

D. None of the above

A. Shift demand for an inferior product outward

B. Shift demand for an inferior product inward

C. Shift supply for an inferior product outward

D. Shift supply for an inferior product inward

A. At the present time

B. corrected for tax changes

C. corrected for changes in interest rates

D. At current prices

A. Micro Finance Bank

B. Moderba Bank

C. SME- Bank

D. First MINI Bank

A. Balance of trade

B. Capital receipts and payments

C. Savings and investment account

D. A and B of above