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Economics MCQs

Page 25 of Economics multiple-choice questions with answers. Tap an option to check yourself.

Page 25 of 131

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Question 488 Miscellaneous Economics

On what is the dialectic based?

Correct answer B. Two extreme positions giving rise to a middle position

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Question 490 Miscellaneous Economics

What is the fundamental assumption of democratic socialism?

Correct answer D. Participation in political decision making should be extended to economic decision making

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Question 491 Miscellaneous Economics

What does democratic capitalism mean?

Correct answer B. The economy is regulated through legislation and taxation

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Question 494 Miscellaneous Economics

What does “laissez-faire” mean?

Correct answer B. Is the French expression Adam Smith used to mean that government should keep its hands off the economy

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