Economics - GMSTAT

Public Finance Economics Quiz 1

September 15, 2025 by Muhammad Imdad Ullah

Test your knowledge with this 20-question Public Finance Economics Quiz! Perfect for students and economics researchers preparing for exams, interviews, or competitive tests. Covers key concepts like fiscal policy, market failure, GDP, taxation, and government budgets to ensure you’re exam-ready. Let us start with the Online Public Finance Economics Quiz now.

Online Public Finance Economics Quiz with Answers

What is the term for the situation where a country specializes in producing goods for which it has a comparative advantage and trades them with other countries?
Which of the following is a measure of a country’s overall economic output?
What is the term for a situation where the quantity demanded for a good exceeds the quantity supplied, leading to rising prices?
Which of the following is a type of market failure?
What does the term “opportunity cost” mean in economics?
Which economic system relies on central planning and government ownership of the means of production?
Which of the following is NOT a component of Gross Domestic Product (GDP)?
What is the primary tool used by central banks to control the money supply and influence interest rates?
Which of the following is a measure of income inequality?
Which economic concept refers to the increase in the overall price level of goods and services in an economy over time?
What is the term for a situation in which a government spends more money than it collects in revenue in a given fiscal year?
The national debt of a country is primarily financed through
Which of the following is not a type of government budget?
In public finance, what does the term “deadweight loss” refer to?
Which economic theory suggests that tax cuts for high-income individuals can stimulate economic growth?
Fiscal policy primarily involves the government’s decisions related to
Which of the following is a characteristic of a public good?
What is the Laffer curve used to illustrate in public finance?
Which of the following is an example of a regressive tax?
What is the primary goal of public finance?

Statistics and Data Analysis

Online Development Economics MCQs 5

July 8, 2025 by Muhammad Imdad Ullah

Test your knowledge of development economics with this 20-question MCQ quiz! Online Development Economics MCQs is perfect for students, researchers, and economists preparing for job interviews, competitive exams, or academic assessments. Covering key topics like FDI, resource curse, Lewis Model, brain drain, and global institutions (WTO, World Bank), this quiz helps reinforce core concepts in economics and economic development. Sharpen your understanding and boost your exam readiness today! Let us start with the Online Development Economics MCQs Test now.

Online Development Economics MCQs with Answers

Which of the following is an example of foreign direct investment (FDI)?
What does the “Resource Curse” refer to in development economics?
Which theory of development emphasizes the role of cultural factors in economic growth?
What is the primary goal of export-led growth strategies?
Which of the following is an example of a non-renewable resource?
According to the Lewis Model, what is the “unlimited labor supply”?
What is the term for a situation where the price of a good is below its production cost?
Which organization provides technical assistance and capacity-building support to developing countries?
Which of the following is a characteristic of a mixed economy?
What does the term “Brain Drain” refer to in the context of development economics?
Which organization is responsible for setting global trade rules and resolving trade disputes?
What is the name of the economic theory that argues that government intervention in the market should be minimal?
Which theory of development focuses on the idea that economic growth should improve the quality of life for all members of society?
Which of the following is not a characteristic of a developing country?
What does the “Poverty Trap” refer to in development economics?
Which development indicator is often used to measure access to education?
What is the primary goal of microfinance institutions?
Which organization provides loans and financial assistance to developing countries?
What is the name of the economic theory that suggests that government spending can stimulate economic growth during a recession?
Which of the following is a characteristic of a command economy?

Learn about Covariance and Correlation

Development Economics MCQs Test 4

July 6, 2025 by Muhammad Imdad Ullah

Test your knowledge of Development Economics MCQs Test with this 20-question multiple-choice quiz! Perfect for economics students, learners, researchers, and job interview preparation. Covering key topics like FDI, resource curse, trade policies, poverty traps, and more, this quiz helps you assess your understanding of economic development concepts. Take the quiz now and boost your expertise! Let us start with the Online Development Economics MCQs Test now.

Online Development Economics MCQs Test with Answers

What is the term for a government policy that restricts the quantity of a good that can be imported into a country?
Which of the following is an example of foreign direct investment (FDI)?
What does the “Resource Curse” refer to in development economics?
Which theory of development emphasizes the role of cultural factors in economic growth?
What is the primary goal of export-led growth strategies?
Which of the following is an example of a non-renewable resource?
According to the Lewis Model, what is the “unlimited labor supply”?
What is the term for a situation where the price of a good is below its production cost?
Which organization provides technical assistance and capacity-building support to developing countries?
Which of the following is a characteristic of a mixed economy?
What does the term “Brain Drain” refer to in the context of development economics?
Which organization is responsible for setting global trade rules and resolving trade disputes?
What is the name of the economic theory that argues that government intervention in the market should be minimal?
Which theory of development focuses on the idea that economic growth should improve the quality of life for all members of society?
Which of the following is not a characteristic of a developing country?
What does the “Poverty Trap” refer to in development economics?
Which development indicator is often used to measure access to education?
What is the primary goal of microfinance institutions?
Which organization provides loans and financial assistance to developing countries?
What is the name of the economic theory that suggests that government spending can stimulate economic growth during a recession?

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