Which German city is credited with housing the world’s first car manufacturing plant?
Correct answer C. Stuttgart
Topic / 428 questions
Basic of Economics MCQs
Page 22 of Basic of Economics multiple-choice questions with answers. Tap an option to check yourself.
Page 22 of 22
- Miscellaneous Economics 737
- Basic of Economics 430
- Markets, Efficiency And The Public Interest 167
- Agriculture & Irrigation System of Pakistan 126
- Market 87
- Macroeconomic Issues and Analysis 75
- Money, Interest Rates And Output 73
- Introduction To Economics 70
- Population And Development 62
- Profit Maximizing Under Perfect Competition And Monopoly 56
- Income Inequality 52
- Non-Tariff Trade Barriers 48
- Aggregate Supply, Unemployment And Inflation 45
- Natural Resources and the Environment Toward Sustainable Development 44
- Costs , Supply And Perfect Competition 44
- Human Capital 42
- Labour Market 39
- Monopoly 35
- Long Term Economic Growth 30
- Inflation & Productivity 30
- Regional Trading Arrangements 29
- Characteristics and Institutions of Developing Countries 24
- Oligopoly 23
- Consumer Theory vs. Real Consumers 20
- Applied Microeconomics 20
- Alternative Theories Of The Firm 20
- Public Goods 20
- Balance of Payments, Aid and Foreign Investment 19
- Prices, Wages & Taxes 19
- Comparative GDP 19
- Budget Deficits And The Trade Balance 18
- Macroeconomic Policy Tools 18
- Asymmetric Information 17
- Application of Economics 16
- Production Factors 16
- Monopoly & Competition 15
- Capital Formation, Investment Choice, Information Technology, And Technical Progress 15
- Monetary, Fiscal And Incomes Policy, And Inflation 15
- Average And Total Cost 14
- Poverty, Malnutrition, And Income Inequality 12
- Monetary Union 10
What does commercial policy refer to?
Correct answer A. Policy about imports and exports
Oil is measured in barrels. Which abbreviation is used for barrels?
Correct answer C. Bbl
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A persistent balance of payments deficit causes the exchange rate of which kind of currency to fall?
Correct answer B. Soft currency
‘From each according to his ability, to each according to his needs’ is the theoretical slogan of which system?
Correct answer D. Communist System
Which of these counts as valid currency?
Correct answer D. Currency note
Under what condition can two countries benefit from trading with each other?
Correct answer D. Both cost ratios and price ratios are different
Which of these describes deflation?
Correct answer B. Reverse of inflation