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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.

When the $/£ exchange rate rises the pound _ and when the $/£ rates falls the pound ____?

A depreciates, appreciates

B revalues, devalues

C appreciates, depreciates

D becomes more expensive becomes cheaper

Review Detailed Answer

Correct Answer: appreciates, depreciates

If the economy is in the though phase of the business cycle, aggregate demand unemployment inflation and the current account of the balance of payments is likely to move towards ____?

A falls; falls; falls; surplus

B falls; rises; falls; surplus

C is static; low; rises; deficit

D rises; falls; rises; deficit

Review Detailed Answer

Correct Answer: falls; falls; falls; surplus

If the economy is at the peak of the business cycle, aggregate demand unemployment _ inflation _ and the current account of the balance of payments is likely to move towards ___?

A rise; falls; rise; deficit

B falls; rises; falls; surplus

C falls; falls; falls; surplus

D is static; low; rises; deficit

Review Detailed Answer

Correct Answer: is static; low; rises; deficit

If a large car importer in the Pakistan wants to import many cars, then the exchange value of the Pak rupees will tend to ?

A fluctuate more than it would do otherwise

B appreciate

C depreciate

D not be affected

Review Detailed Answer

Correct Answer: depreciate

If Pakistan’s incomes rise faster than those in most other countries the the exchange value will tend to ?

A fluctuate more than it would do otherwise

B appreciate

C depreciate

D not be affected

Review Detailed Answer

Correct Answer: depreciate

If the Pakistan takes part in a war in the Middle East, then the exchange value of its currency will tend to ?

A depreciate

B not be affected

C fluctuate more than if it were at peace

D appreciate

Review Detailed Answer

Correct Answer: depreciate

If the exchange rate between the UK and Japan changes from £1 = 100 yen to £1 = 150 yen then ceteris paribus, the price of UK goods in Japan ?

A will remain the same

B will decrease

C will increase

D could either increase of decrease

Review Detailed Answer

Correct Answer: will increase

The situation when a country imports more than it exports is ?

A a recession

B a trade surplus

C a trade deficit

D an expansion.

Review Detailed Answer

Correct Answer: a trade deficit

The record of a county’s transfers of shareholding property and bank deposits to and from abroad is called its ?

A financial account on the balance of payments.

B balance of payments

C balance of payments on current account

D capital account of the balance of payments

Review Detailed Answer

Correct Answer: financial account on the balance of payments.

The record of country’s imports and exports of goods and services is called its ?

A visible trade balance

B balance of trade

C balance of payments on current account

D balance of payments.

Review Detailed Answer

Correct Answer: balance of trade

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Economics Mcqs 4423 MCQs [All-Courses]

All Topics 4423

All Topics 4423

When the $/£ exchange rate rises the pound _ and when the $/£ rates falls the pound ____?

If the economy is in the though phase of the business cycle, aggregate demand unemployment inflation and the current account of the balance of payments is likely to move towards ____?

If the economy is at the peak of the business cycle, aggregate demand unemployment _ inflation _ and the current account of the balance of payments is likely to move towards ___?

If a large car importer in the Pakistan wants to import many cars, then the exchange value of the Pak rupees will tend to ?

If Pakistan’s incomes rise faster than those in most other countries the the exchange value will tend to ?

If the Pakistan takes part in a war in the Middle East, then the exchange value of its currency will tend to ?

If the exchange rate between the UK and Japan changes from £1 = 100 yen to £1 = 150 yen then ceteris paribus, the price of UK goods in Japan ?

The situation when a country imports more than it exports is ?

The record of a county’s transfers of shareholding property and bank deposits to and from abroad is called its ?

The record of country’s imports and exports of goods and services is called its ?

Contact Info

Economics Mcqs 4423 MCQs [All-Courses]

All Topics 4423

All Topics 4423

When the $/£ exchange rate rises the pound _____ and when the $/£ rates falls the pound ________?

If the economy is in the though phase of the business cycle, aggregate demand ____ unemployment ______ inflation ______ and the current account of the balance of payments is likely to move towards ________?

If the economy is at the peak of the business cycle, aggregate demand ____ unemployment _______ inflation _______ and the current account of the balance of payments is likely to move towards _______?

If a large car importer in the Pakistan wants to import many cars, then the exchange value of the Pak rupees will tend to ?

If Pakistan’s incomes rise faster than those in most other countries the the exchange value will tend to ?

If the Pakistan takes part in a war in the Middle East, then the exchange value of its currency will tend to ?

If the exchange rate between the UK and Japan changes from £1 = 100 yen to £1 = 150 yen then ceteris paribus, the price of UK goods in Japan ?

The situation when a country imports more than it exports is ?

The record of a county’s transfers of shareholding property and bank deposits to and from abroad is called its ?

The record of country’s imports and exports of goods and services is called its ?

When the $/£ exchange rate rises the pound _ and when the $/£ rates falls the pound ____?

If the economy is in the though phase of the business cycle, aggregate demand unemployment inflation and the current account of the balance of payments is likely to move towards ____?

If the economy is at the peak of the business cycle, aggregate demand unemployment _ inflation _ and the current account of the balance of payments is likely to move towards ___?