What are the economic theories of John Maynard Keynes called, especially those advocating government monetary and fiscal measures to stimulate business activity?
Correct answer B. Keynesian
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Economics MCQs
Page 98 of Economics multiple-choice questions with answers. Tap an option to check yourself.
Page 98 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
Which economic doctrine opposes government regulation of commerce beyond the minimum needed for free enterprise to work according to its own laws?
Correct answer A. Laissez-faire (also laisser-faire)
What is a written statement expressing the intention of the signatories to enter into a formal agreement called?
Correct answer D. Letter of intent
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What does LIFO (last in, first out) mean?
Correct answer D. Items are removed in inverse order
What is a company called in which shareholders’ liability is limited to the amount of their shares?
Correct answer A. Limited company
What does the term mark-up refer to?
Correct answer C. Both of them
What does the branch of economics known as microeconomics deal with?
Correct answer C. Small units, including individual companies and small groups of consumers
What is the exclusive right of one or more persons to carry on a branch of trade or manufacture, giving sole power to deal in something, called?
Correct answer D. Monopoly
What is a mortgage?
Correct answer D. Conveyance of property as security for debt
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What is the result of a state’s borrowing from its own population, foreign governments or international institutions called?
Correct answer C. Both of them
What is the amount of non-military foreign aid that a country receives called?
Correct answer A. Official Development Assistance (ODA)
Which term is used for the value printed on a security?
Correct answer C. Par value
What is a figure called that relates the prices of a group of commodities to their prices in an arbitrarily chosen base period?
Correct answer A. Price index
Which term describes a period of competition in which each competitor tries to cut retail prices below the others’?
Correct answer B. Price war
What does the term prospectus refer to?
Correct answer C. Both of them
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A new security is sold to the public through an underwriter, in a transaction that must be registered with the Securities and Exchange Commission. What is this process called?
Correct answer B. Public offering
What is the ability to buy called?
Correct answer D. Purchasing power
What does the term remittance mean?
Correct answer C. Both of them
What is a payment made in return for the transfer of a privilege, such as the right to use a patent or copyright, called?
Correct answer B. Royalty
How is sales tax best described?
Correct answer A. Levied on the retail price of merchandise and collected by retailer