Important MCQs Economics Questions 8

The post is about the MCQs Economics Questions with Answers. There are 20 questions in this test. The Quiz will help you to prepare PPSC, FPSC, NAT, GAT, and many other testing services. It will also help in preparing for college and university admission and degree examinations. Let us start with the MCQs Economics Questions.

MCQs Economics Questions with Answers

• The real interest rate will increase
• What would result from a depreciation of the pound on the foreign exchange market?
• The news on television reports that the dollar has strengthened relative to the Japanese yen. This means that
• In Keynesian economics, if aggregate expenditures are less than aggregate output then
• Demand is elastic when the elasticity of demand is
• Which of the following statements is TRUE about cartels?
• After the collision, oligopolists can
• If production remains the same and all prices double, then which of the following will happen?
• The relationship between hours provided by labor and wage rate is
• If the government wishes to achieve a fall in unemployment, which of the following policies should it adopt?
• In the long run, sustained inflation is due to
• The government has a balanced budget if:
• The situation when a country imports more than it exports is known as
• In a period of boom, credit creation is
• What will be the impact of an increase in taxes?
• Suppose the price of rail tickets decreases, what will happen to the demand for airline travel?
• The production possibilities curve will shift upward if there is
• Which of the following is NOT included in the perfect information assumption of perfect competition?
• Suppose a monopolist sets his output at the level where marginal revenue, marginal cost, and average total cost are equal. In this case, economic profit will be
• “An Enquiry into the Nature and Causes of Wealth of Nations” is a book by an economist.

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