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

The percentage of the labour force that is unemployed is the ?
A Unemployment population ratio.
B Unemployment rate
C employment rate
D Labour force rate.
Correct Answer: Unemployment rate
Which of the following is not likely to be government objective ?
A Increasing employment
B Increasing economic growth
C Increasing government spending
D Increasing the level of exports
Correct Answer: Increasing employment
Which of the following is a policy instrument as opposed to a government objective ?
A lower interest rates
B A better balance of trade position
C Faster economic growth
D Lower unemployment
Correct Answer: Lower unemployment
Which of the following is not a macroeconomic issue ?
A Unemployment
B Inflation
C The wages paid to footballers
D Economic growth
Correct Answer: Economic growth
Which of the following is not involved with fiscal policy ?
A Income tax
B National insurance
C VAT
D Interest insurance
Correct Answer: Income tax
Which of the following is macroeconomic issue ?
A The price of houses in karachi
B The wage rate for plumbers in Islamabad
C Your decision to work or stay at home
D The level of unemployment is pakistan
Correct Answer: Your decision to work or stay at home
G. MecDougall showed in his tests that ?
A relatively higher U.S labor productivity was associated with relatively higher U.K export ratios
B relatively high U.K labor productivity was associated with relatively higher U.K export ratios
C Labor productivity ratios and export ratios were not associated with each other
D None of the above
Correct Answer: relatively high U.K labor productivity was associated with relatively higher U.K export ratios
Dynamic gains from trade could result from ?
A The stimulus of additional investment spending as market open
B Economies of large scale production as markets open
C Additional competition made possible by the opening of markets
D All of the above
Correct Answer: All of the above
Under free trade, Canada would not realize any gains from trade with Sweden if Canada ?
A Trades at Canada’s marginal rate of transformation
B Trade at Sweden’s marginal rate of transformation
C Specializes completely in the production of its export good
D Specializes partially in the production of its exports goods
Correct Answer: Trades at Canada’s marginal rate of transformation
In autarky, when a community maximizes its standard of living its production point is ?
A below the production possibility frontier
B on the production possibility frontier
C above the production possibility frontier
D can’t tell without more information
Correct Answer: on the production possibility frontier
03079682698
mcqsdrive@gmail.com

Copyright @ 2026 MCQsDrive . All Rights Reserved.