Macroeconomics deals with?
A. the behavior of the electronics industry
B. the behavior of firms
C. economics aggregates
D. the activities of individual units
Macroeconomics deals with? Read More »
Economics Mcqs, Introduction To Economics A. the behavior of the electronics industry
B. the behavior of firms
C. economics aggregates
D. the activities of individual units
Macroeconomics deals with? Read More »
Economics Mcqs, Introduction To Economics A. More spending by the government reduces poverty
B. Higher taxes lead to less desire to work
C. The Pakistan’s economy is growing fast relative to other SAARC members
D. The government should concentrate on reducing unemployment
Which of the following is a normative statement in economics ? Read More »
Economics Mcqs, Introduction To Economics A. The price mechanism acts as an incentive
B. Resources are allocated by market forces
C. Individual firms make decisions for themselves about what to produce and how to produce it
D. The public sector is large
In a command (planned) economy ? Read More »
Economics Mcqs, Introduction To Economics A. The free provision of products
B. The Subsidizing of products by the government
C. Market forces of supply and demand
D. All trade via barter
The free market involves ? Read More »
Economics Mcqs, Introduction To Economics A. What to produce
B. Who to produce for
C. How to produce
D. How to maximize economic growth
Which of the following is not one of the basic economic s ? Read More »
Economics Mcqs, Introduction To Economics A. Always fixed
B. Limited
C. Unlimited
D. Likely to decrease over time
Human wants are_______________? Read More »
Economics Mcqs, Introduction To Economics A. Alternative
B. Opportunity cost
C. Consumer cost
D. Producer cost
The sacrifice involved when you choose a particular course of action is called the? Read More »
Economics Mcqs, Introduction To Economics A. Alternative
B. Opportunity cost
C. Consumer cost
D. Producer cost
The sacrifice involved when you choose a particular course of action is called the ? Read More »
Economics Mcqs, Introduction To Economics A. Are always found
B. Can never decease
C. Always increase over time
D. Are limited at any moment in time
Resources in an economy ? Read More »
Economics Mcqs, Introduction To Economics