What is monoculture?
Correct answer D. Farming practice of growing a single crop
Subject / 2,616 questions
Economics MCQs
Page 109 of Economics multiple-choice questions with answers. Tap an option to check yourself.
Page 109 of 131
- 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 is a company or corporation with subsidiaries, investments or operations in more than one country known as?
Correct answer C. Both of them
What is the arrangement called in which an investment company continuously issues new shares, buys back existing ones on demand and invests its capital in a diversified range of other companies’ securities?
Correct answer B. Mutual fund
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Which term describes the total net value of all goods and services produced in a country over a given period?
Correct answer A. National income
What is the term for equal trading rights without monopolies or preferences for any single country?
Correct answer B. Open door market
Which description fits a planned economy?
Correct answer B. In which production and distribution of wealth is under government's control
How is the term ‘price fixing’ used?
Correct answer C. Both of them
What is meant by price support?
Correct answer D. Maintenance of price through public subsidy or government intervention
What is a written promise to repay a specified sum of money at a stated time or on demand called?
Correct answer C. Both of them
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What is the advocacy of shielding domestic producers by restricting imports of foreign goods and services called?
Correct answer D. Protectionism
Which bodies make up the public sector?
Correct answer D. All of them
What is the rate of exchange, or exchange rate?
Correct answer C. The ratio at which a unit of one country's currency is exchanged for units of another country's currency
Which term refers to a country’s holdings of internationally acceptable means of payment?
Correct answer D. Reserves
What is social security as a government programme?
Correct answer C. Both of these
Which term describes engaging in risky business with the aim of making a large profit in a short time?
Correct answer C. Speculation
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A subsidy is monetary assistance granted by government to a person or group for an enterprise considered to be in the public interest. Which of these is also a subsidy?
Correct answer B. Financial assistance given by one person or government to another
Which theory of economic management concentrates on encouraging production through tax cuts?
Correct answer B. Supply-side economics
What is the tax a government levies on imports and exports called?
Correct answer A. Tariff
What is a bank deposit called that cannot be withdrawn before a date specified when it is made?
Correct answer A. Term deposit
Which description fits a trade name?
Correct answer D. All of them