Economics Mcqs | World Economy (Miscellaneous)

Cocoa is a tropical plant and requires heat and moisture. Which of the following countries is leading in cocoa productions in the World ?

Byadmin June 3, 2019September 11, 2021

Cocoa is a tropical plant and requires heat and moisture. Which of the following countries is leading in cocoa productions in the World ?

A. Brazil
B. Nigeria
C. Ghana
D. Ivory Coast

Economics Mcqs | Supply and Demand

When the decrease in the price of one good causes the demand for another good to decrease, the goods are_________?

When the decrease in the price of one good causes the demand for another good to decrease, the goods are_________?

A. complements
B. substitutes
C. inferior
D. nromal

Read More When the decrease in the price of one good causes the demand for another good to decrease, the goods are_________?
Economics Mcqs | Non-Tariff Trade Barriers

To reduce imports, suppose that the government of Norway’s imposes a quota equal to 800 computers, Compared to what occurred under free trade, Norway’s consumers surplus will ________ and its producer surplus will _______ Can you calculate these amounts? Try plotting the information of this table on a sheet of graph paper ?

To reduce imports, suppose that the government of Norway’s imposes a quota equal to 800 computers, Compared to what occurred under free trade, Norway’s consumers surplus will ________ and its producer surplus will _______ Can you calculate these amounts? Try plotting the information of this table on a sheet of graph paper ?

A. increase, increase
B. increase, decrease
C. decrease, increase
D. decrease, decrease

Read More To reduce imports, suppose that the government of Norway’s imposes a quota equal to 800 computers, Compared to what occurred under free trade, Norway’s consumers surplus will ________ and its producer surplus will _______ Can you calculate these amounts? Try plotting the information of this table on a sheet of graph paper ?
Economics Mcqs | The Aggregate Demand Aggregate Supply Model

Suppose the economy is initially in long-run equilibrium Then suppose there is an increase in military spending due to rising international tensions According to the model of aggregate demand and aggregate supply what happens to prices and output in the long run ?

Suppose the economy is initially in long-run equilibrium Then suppose there is an increase in military spending due to rising international tensions According to the model of aggregate demand and aggregate supply what happens to prices and output in the long run ?

A. Output falls; prices are unchanged from the initial value
B. Price fall; output is unchanged from its initial value
C. Output and the price level are unchanged from their initial values
D. Prices rise; output is unchanged from its initial value

Read More Suppose the economy is initially in long-run equilibrium Then suppose there is an increase in military spending due to rising international tensions According to the model of aggregate demand and aggregate supply what happens to prices and output in the long run ?
Costs | Economics Mcqs | Supply And Perfect Competition

In marketing “USP” stands for ?

In marketing “USP” stands for ?

A. Unique Selling Proposition
B. Underlying Sales Proposition
C. Unit Sales Point
D. Under Sales Procedure

Read More In marketing “USP” stands for ?
Economics Mcqs | World Economy (Miscellaneous)

Which of the following countries lead in the production of sugarcane in the world ?

Which of the following countries lead in the production of sugarcane in the world ?

A. China
B. Brazil
C. India
D. USA

Read More Which of the following countries lead in the production of sugarcane in the world ?
Agriculture & Irrigation System of Pakistan | Economics Mcqs

_________ is the backbone of the Pakistan economy and the mainstay of our national economic life?

_________ is the backbone of the Pakistan economy and the mainstay of our national economic life?

A. Industrial
B. Service
C. Agriculture
D. Trade

Read More _________ is the backbone of the Pakistan economy and the mainstay of our national economic life?