3681. A fall in price ______ ?
A. Will cause an inward shift of the demand
B. Will cause an outward shift of the supply
C. May be caused by a fall in demand
D. Leads to a higher level of production
✅ The correct answer is option C.
Art
Boost your knowledge with a comprehensive collection of Arts MCQs with answers and detailed explanations. Covering topics from history of art, literature, philosophy, sociology, political science, and fine arts, these objective questions are designed for students, teachers, and candidates preparing for competitive exams (CSS, PMS, NTS, FPSC, PPSC, UPSC, etc.). Each MCQ is followed by a clear explanation to help you understand concepts better and improve your exam preparation. Perfect for self-assessment, practice, and revision in the field of Arts and Humanities.
3682. The costs that depend on output in the short run are?
A. total fixed cost only.
B. total variable costs only.
C. both total variable costs and total costs.
D. total costs only
✅ The correct answer is option C.
3683. Real GNP is a crude measure of national welfare because it excludes ?
A. Consumption
B. Investment
C. Exports
D. Work in the home
✅ The correct answer is option D.
3684. Government levy tax on imports and exports What this tax is called ?
A. Custom
B. Exercise Duty
C. Tariff
D. Freight
✅ The correct answer is option C.
3685. From each according to his ability to each according to his need is the slogan of ?
A. Feudal System
B. Capitalist System
C. Fascist System
D. Communist System
✅ The correct answer is option D.
3686. In the economy when a steel producer sells steel to car producer it is regarded as ?
A. A final good
B. An intermediate good
C. An injection
D. A leakage
✅ The correct answer is option B.
3687. For which of the following products would the burden of a tax likely fall more heavily on the sellers?
A. Clothing
B. food
C. housing
D. entertainment
✅ The correct answer is option D.
3688. Oil is measured in barrels. What is the abbreviation of barrels?
A. Brl
B. Bel
C. Bbl
D. Obl
✅ The correct answer is option C.
3689. The pattern of economic growth describes the phenomenon of countries moving up in technological development by following the patterns of countries ahead of them in the development process?
A. Flying geese
B. Import substitution
C. Export orientation
D. Commodity expansion
✅ The correct answer is option A.
3690. Along a short-run Phillips curve?
A. a higher rate of inflation is associated with a lower unemployment rate
B. a higher rate of growth in output is associated with a lower unemployment rate
C. a higher rate of inflation is associated with a higher unemployment rate
D. a higher rate of growth in output is associated with a higher unemployment rate.
✅ The correct answer is option A.