M C Q s D r i v e
03079682698
mcqsdrive@gmail.com
About
Contact

Contact Info

03079682698

mcqsdrive@gmail.com

Ad Banner

Economics Mcqs 4423 MCQs [All-Courses]

thumb


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

An individual who is not working and who has given up looking for work is classfied as ?
A a discouraged worker:
B unemployed.
C hard core unemployed.
D unemployable
Correct Answer: a discouraged worker:
The labour force can be defined as ?
A Those who could claim benefit if they were to become unemployed.
B The population between school leaving age and retirement age.
C anyone who is working or actively seeking work
D Those of working age who are seeking work and are available to for work at current wage rates.
Correct Answer: Those of working age who are seeking work and are available to for work at current wage rates.
Reducing inflation is a more important objective than economic growth is an example of ?
A Normative economics
B Positive economics
C Objective economics
D Reality economics
Correct Answer: Objective economics
Which of the following is a possible government objective as opposed to a policy ?
A Lower interest rates
B Lower taxation rates
C Lower government spending
D Lower inflation
Correct Answer: Lower interest rates
Which of the following can the government not use directly to control the economy ?
A Pay rates within the private sector
B pay rates in the public sector
C investment in education
D Benefits available for the unemployed and sick
Correct Answer: Pay rates within the private sector
Which does the government not control directly ?
A Spending on health
B Spending on defence
C Firms investment decisions
D Spending on education
Correct Answer: Firms investment decisions
What is meant by an objective ?
A A policy
B A way of reaching a target
C A target
D A strategy
Correct Answer: A strategy
In the EMU a country’s competitiveness can change because of ?
A interest rate adjustment
B central bank intervention in the Forex
C domestic wage and price adjustment
D devaluation
Correct Answer: domestic wage and price adjustment
A monetary union means ________, ________ and ________?
A permanently fixed capital movements floating exchange rates a fixed structure of interest rates
B permanently fixed exchange rates, free capital movements, a single interest rates
C a common currency a single central bank, common monetary policy
D a common currency floating exchange rates common monetary policy
Correct Answer: permanently fixed exchange rates, free capital movements, a single interest rates
The single European Act committed ________ governments to a ________ in 1992?
A European union, single market
B Western European, single currency area
C European Union, single currency area
D Western European, single market
Correct Answer: European union, single market
03079682698
mcqsdrive@gmail.com

Copyright @ 2026 MCQsDrive . All Rights Reserved.