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Economics MCQs with Explanations

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1841EconomicsMedium

Mention a mutual fund that is invested primarily in stocks with a history of and future potential for capital gains?

AGrowth fund

BStock fund

CCommon fund

DCapital growth fund

Correct answer

A. Growth fund

Explanation

The correct answer is Growth fund.

1842EconomicsMedium

Governments and corporations sell interest bearing certificates to raise money for expansion or trade. What is called these certificates?

ASecurity bonds

BCertificates

CSureties

DBond

Correct answer

D. Bond

Explanation

The correct answer is Bond.

1843EconomicsMedium

Concerning import tariffs of the United States empirical studies tend to conclude that these tariffs are?

Aproportional and thus bear down on all consumers in the same manner

BProgressive and thus bear down on the wealthy

Cdeflationary and thus result in reductions in the price of imports

Dregressive and thus bear down on the poor

Correct answer

D. regressive and thus bear down on the poor

Explanation

The correct answer is regressive and thus bear down on the poor.

1844EconomicsMedium

One of the side effects of advertising is that it________?

Asupplies the real needs of people

Bnone of the above

Chelps the wealthy get richer

Dcreates artificial demands

Correct answer

D. creates artificial demands

Explanation

The correct answer is creates artificial demands.

1845EconomicsMedium

Mention an electronic quotation system in USA that provides price quotations to market participants about more actively traded common stock issues in OTC market?

AWall Street

BNew York Stock Exchange

CNational Association of Securities Dealers Automatic Quotation system (Nasdaq)

DNikkei Stock Average

Correct answer

C. National Association of Securities Dealers Automatic Quotation system (Nasdaq)

Explanation

The correct answer is National Association of Securities Dealers Automatic Quotation system (Nasdaq).

1846EconomicsMedium

When an oligopolist individually chooses its level of production to maximize its profits, it produces an output that is?

Amore than the level produced by either monopoly or a competitive market

Bmore than the level produced by a monopoly and less than the level produced by a competitive market

Cless than the level produced by a monopoly and more than the level produced by a competitive market

Dless than the level produce by either monopoly or a competitive market

Correct answer

B. more than the level produced by a monopoly and less than the level produced by a competitive market

Explanation

The correct answer is more than the level produced by a monopoly and less than the level produced by a competitive market.

1847EconomicsMedium

A medium-term plan can be a(n) ________ revised at the end of each year?

Arolling plan

Binstrument variable

Cperspective plan

Dseasonal expenditure

Correct answer

A. rolling plan

Explanation

The correct answer is rolling plan.

1848EconomicsMedium

In the short run, the supply of capital is and in the long run will depend on ?

Avariable, technology

Bfixed, rental rate of capital

Cfixed, expectations

Dvariable, interest rates

Correct answer

B. fixed, rental rate of capital

Explanation

The correct answer is fixed, rental rate of capital.

1849EconomicsMedium

Which of the following is most likely to be a variable cost for a firm?

AThe interest payments made on loans.

BThe monthly rent on office space that it leased for a year

CThe franchiser’s fee that a restaurant must pay to the national restaurant chain

DThe payroll taxes that are paid on employee wages.

Correct answer

D. The payroll taxes that are paid on employee wages.

Explanation

The correct answer is The payroll taxes that are paid on employee wages..

1850EconomicsMedium

The crude birthrate is________?

Athe number of male births per 1000 people per country per year

Bthe rate at which the elderly die in any given year

Cthe rate at which infants survive past their first year

Dan important demographic concept

Correct answer

D. an important demographic concept

Explanation

The correct answer is an important demographic concept.

Concerning import tariffs of the United States empirical studies tend to conclude that these tariffs are?

Aproportional and thus bear down on all consumers in the same manner

BProgressive and thus bear down on the wealthy

Cdeflationary and thus result in reductions in the price of imports

Dregressive and thus bear down on the poor

Correct answer

D. regressive and thus bear down on the poor

Explanation

The correct answer is regressive and thus bear down on the poor.

Mention an electronic quotation system in USA that provides price quotations to market participants about more actively traded common stock issues in OTC market?

AWall Street

BNew York Stock Exchange

CNational Association of Securities Dealers Automatic Quotation system (Nasdaq)

DNikkei Stock Average

Correct answer

C. National Association of Securities Dealers Automatic Quotation system (Nasdaq)

Explanation

The correct answer is National Association of Securities Dealers Automatic Quotation system (Nasdaq).

When an oligopolist individually chooses its level of production to maximize its profits, it produces an output that is?

Amore than the level produced by either monopoly or a competitive market

Bmore than the level produced by a monopoly and less than the level produced by a competitive market

Cless than the level produced by a monopoly and more than the level produced by a competitive market

Dless than the level produce by either monopoly or a competitive market

Correct answer

B. more than the level produced by a monopoly and less than the level produced by a competitive market

Explanation

The correct answer is more than the level produced by a monopoly and less than the level produced by a competitive market.

Which of the following is most likely to be a variable cost for a firm?

AThe interest payments made on loans.

BThe monthly rent on office space that it leased for a year

CThe franchiser’s fee that a restaurant must pay to the national restaurant chain

DThe payroll taxes that are paid on employee wages.

Correct answer

D. The payroll taxes that are paid on employee wages.

Explanation

The correct answer is The payroll taxes that are paid on employee wages..

The crude birthrate is________?

Athe number of male births per 1000 people per country per year

Bthe rate at which the elderly die in any given year

Cthe rate at which infants survive past their first year

Dan important demographic concept

Correct answer

D. an important demographic concept

Explanation

The correct answer is an important demographic concept.

Economics MCQs with Explanations

Mention a mutual fund that is invested primarily in stocks with a history of and future potential for capital gains?

Governments and corporations sell interest bearing certificates to raise money for expansion or trade. What is called these certificates?

Concerning import tariffs of the United States empirical studies tend to conclude that these tariffs are?

One of the side effects of advertising is that it________?

Mention an electronic quotation system in USA that provides price quotations to market participants about more actively traded common stock issues in OTC market?

When an oligopolist individually chooses its level of production to maximize its profits, it produces an output that is?

A medium-term plan can be a(n) ________ revised at the end of each year?

In the short run, the supply of capital is ________ and in the long run will depend on ________?

Which of the following is most likely to be a variable cost for a firm?

The crude birthrate is________?

Economics MCQs with Explanations

Mention a mutual fund that is invested primarily in stocks with a history of and future potential for capital gains?

Governments and corporations sell interest bearing certificates to raise money for expansion or trade. What is called these certificates?

Concerning import tariffs of the United States empirical studies tend to conclude that these tariffs are?

One of the side effects of advertising is that it________?

Mention an electronic quotation system in USA that provides price quotations to market participants about more actively traded common stock issues in OTC market?

When an oligopolist individually chooses its level of production to maximize its profits, it produces an output that is?

A medium-term plan can be a(n) ________ revised at the end of each year?

In the short run, the supply of capital is ________ and in the long run will depend on ________?

Which of the following is most likely to be a variable cost for a firm?

The crude birthrate is________?

In the short run, the supply of capital is and in the long run will depend on ?

In the short run, the supply of capital is and in the long run will depend on ?