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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

Supervising and investigating the manner in which the legislative bureaucracy carries out and implements the laws Congress passes is a function called_____________?
A control of Congress
B Ways and Means
C oversight
D supervision
Correct Answer: oversight
The second function of the legislative branch is to______________?
A govern every state in the Union
B ensure a system of representation
C ensure that neither of the chambers has the upper hand
D pass laws consistent with moral values
Correct Answer: ensure a system of representation
The major function of the legislative branch is_______________?
A to enact legislation
B ensure that legislation is carried out
C get around the administration
D none of the above
Correct Answer: to enact legislation
Which of the following programs are particularly dependent upon state resources ?
A Corporate growth
B The Social Security system
C Public education
D Public housing
Correct Answer: Public education
In a confederacy________________?
A powers not claimed by individual states are reserved by the national government
B there is no national government whatsoever
C power is centralized in a national government
D all political power ultimately belongs to the states
Correct Answer: all political power ultimately belongs to the states
Government based on the rule of either the landed gentry the educated and privileged or the hereditary nobility is called_______________?
A aristocracy
B oligarchy
C republicanism
D democracy
Correct Answer: aristocracy
When politicians refer to the intention of the framers of the Constitution of the United States they are making recourse to_____________?
A traditional authority
B legal rational authority
C charismatic authority
D all of the above
Correct Answer: traditional authority
The federal system is contrasted with a (n)_______________?
A unitary system
B confederate system
C catholic system
D BOTH unitary and confederate systems
Correct Answer: confederate system
Some state powers are inferred from the power specifically delegated by the Constitution to the central government These are Called ___________?
A inferred powers
B residual powers
C implied powers
D reserved powers
Correct Answer: reserved powers
One of the most powerful committees in the House of Representatives is the_____________?
A Foreign Affairs Committee
B Farm Affairs Committee
C Rules Committee
D Forest Preservation Committee
Correct Answer: Rules Committee
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