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Economics Mcqs 4423 MCQs [All-Courses]

Economics MCQs cover fundamental concepts of microeconomics and macroeconomics, including demand and supply, inflation, national income, and economic policies.
This section is designed to strengthen analytical skills and conceptual understanding for competitive examinations.
Highly useful for PPSC, FPSC, NTS, OTS, KPPSC, and other testing services preparation.

Suppose a project results in a net stream of $200 per year for 4 years, but nothing thereafter, Assume that the discount rate is 5 percent. The discounted value of the total income stream over the 4-year period is ?

A 800

B 40,000

C more than zero but less than 800

D less than zero

Review Detailed Answer

Correct Answer: 800

he efficiency wage is the ?

A wage costs per unit of output

B wage rate that prevails in LDCs

C Wage rate divided by the productivity of labor

D marginal product of labor divided by wage

Review Detailed Answer

Correct Answer: Wage rate divided by the productivity of labor

James Pickett D. J. C. Forsyth, and N. S McBain on the basis of field research in Africa, concluded that business people often want to use the most advanced design without knowing that it may not be the most profitable. They attribute this attitude to ?

A maximum capital absorption

B factor price distortions

C engineering mentality

D intermediate technology

Review Detailed Answer

Correct Answer: engineering mentality

Canada France, Germany, Italy, Japan, The United Kingdom and United States are ?

A G-7 countries

B countries with highest productivity growth in the world since 1960

C countries with decreasing TFP growth since 1990s

D countries with the lowest information technology equipment and software index prices

Review Detailed Answer

Correct Answer: G-7 countries

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Economics Mcqs 4423 MCQs [All-Courses]

All Topics 4423

All Topics 4423

Suppose a project results in a net stream of $200 per year for 4 years, but nothing thereafter, Assume that the discount rate is 5 percent. The discounted value of the total income stream over the 4-year period is ?

he efficiency wage is the ?

James Pickett D. J. C. Forsyth, and N. S McBain on the basis of field research in Africa, concluded that business people often want to use the most advanced design without knowing that it may not be the most profitable. They attribute this attitude to ?

Canada France, Germany, Italy, Japan, The United Kingdom and United States are ?