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Economics Mcqs 4423 MCQs [All-Courses]

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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.

All Topics  4423

Which of the following is NOT true about children in a peasant society ?
A Boys as young as 8 years old tend or herd animals, weed pick and sell produce
B Children place more economic demands on a peasant family than an urban family
C Major financial security is usually provided by sons
D The cost of education entertainment and travel is low
Correct Answer: Children place more economic demands on a peasant family than an urban family
The total fertility rate (TFR) is ?
A The total number of children born in a country in given year a divided by labor force
B The number of children born to the average woman during her reproductive years.
C The number of births in a country divided by total population in a given year.
D The number of woman age 15-45 in a country divided by total population
Correct Answer: The number of children born to the average woman during her reproductive years.
The development of high-yielding varieties (HYVs) of wheat and rice is known as ?
A the agribusiness revolution
B farming system theory
C the Green Revolution
D Agri-R&D
Correct Answer: the Green Revolution
Simon’s model is consistent with ?
A population self-sufficiency and constant economic growth
B low fertility and mortality
C a laissez-faire population policy
D a constant returns to scale production function
Correct Answer: a laissez-faire population policy
The Essay on the Principle of Population was written by ?
A The World Bank
B Thomas Robert Malthus
C Julian Simon
D Abraham Lincoin
Correct Answer: Thomas Robert Malthus
A stationary population is when population growth is ?
A increasing at an increasing rate
B decreasing
C zero
D 100%
Correct Answer: zero
The ______ is the ratio of the non-working population (under 15-year-old and over 64 years old) to the working-age population ?
A labor force participation rate
B per capita population ratio
C dependency ratio
D None of these
Correct Answer: dependency ratio
The goal of integrated pest management (IPT) is to?
A reduce yield losses by pests while minimizing the negative effects of pest control
B have year-round plantings of a single crop
C undertake monoculture pest planning
D encompass biological control through fertilizers
Correct Answer: reduce yield losses by pests while minimizing the negative effects of pest control
Julian simon ?
A supported the Club of Rome’s Limits to Growth for estimating technical change
B assumed that population growth causes technological progress
C used the second law of thermodynamics to assume that technological progress is costless
D assumed the classical view of technological change 6
Correct Answer: assumed the classical view of technological change 6
Organized family-planning programs and the demand for birth control resulting from urbanization, modernization, economic development and increased education have contributed to ?
A a decline in fertility
B The demographic transition from stage 3 to stage 2
C increases in the ratio of labor to capital
D an increase in the dependency ratio
Correct Answer: a decline in fertility
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