A. Increase in nominal GNP
B. Increase in real GNP
C. Increase in personal income
D. Increase in government revenue
Economic development is measured on the basis of ? Read More »
Basic of Economics, Economics Mcqs A. Bearish
B. Bullish
C. Hottest
D. Rising up
When the stock market is rising it is ? Read More »
Basic of Economics, Economics Mcqs A. An increases demand for its exports
B. Increased demand for its imports
C. An increased inflow of capital
D. None of the above
What would cause a country’s exchange rate to fall ? Read More »
Basic of Economics, Economics Mcqs A. Increase in money supply
B. Fall in production
C. Increase in money supply and fall in production
D. Decrease in money supply and fall in production
The cause of inflation is ? Read More »
Basic of Economics, Economics Mcqs A. Price increase demand decreases
B. Price decreases demand decreases
C. Price increased demand increases
D. None of these
According to the law of demand. When ? Read More »
Basic of Economics, Economics Mcqs A. Foreign income
B. Capital consumption allowance
C. Indirect taxes
D. Direct taxes
Gross National income is always more than Net National income because it includes ? Read More »
Basic of Economics, Economics Mcqs A. Total expenditure is more than total revenue
B. Current expenditure is more than current revenue
C. Capital expenditure is more than capital revenue
D. Total expenditure is more than current revenue
A budgetary deficit means ? Read More »
Basic of Economics, Economics Mcqs A. An increase in indirect taxes
B. An increase in managers salaries
C. An increase in progressive taxation
D. An increase in the rate of inflation
Which is most likely to cause a more even distribution of income ? Read More »
Basic of Economics, MCQs / Q&A A. Is the same as economic growth
B. Means improvement in lifestyle
C. Exists when there is equal distribution of income
D. All of the above
Economic development ? Read More »
Basic of Economics, Economics Mcqs A. Investment
B. Subsidies
C. Taxation
D. Consumption
Which of the following is a withdraw from the circular flow income stream ? Read More »
Basic of Economics, Economics Mcqs