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English
Economics
History & Civics
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Question-1
Fiscal policy as an economic tool popularized in _______________
(A)
1910
(B)
1920
(C)
1930
(D)
None of these
Question-2
The aim of fiscal policy in developed country aims at _______________
(A)
Control inflation
(B)
Faster economic growth
(C)
Reduce ineqalities
(D)
maintain the economic stability
Question-3
Expansionary fiscal policy increases ___________________
(A)
Aggregate demand
(B)
Government expenditure
(C)
Inflation
(D)
All of these
Question-4
large changes in prices would lead to __________________
(A)
Insatbility
(B)
Uncertainty
(C)
Business failures
(D)
All of these
Question-5
External equilibrium is the objective of _________________
(A)
Foreign policy
(B)
Fiscal policy
(C)
Foreign diplomacy
(D)
None of these
Question-6
Full employment is a situation in which _________________ unemployment is zero.
(A)
Involuntary
(B)
Voluntary
(C)
Disguised
(D)
Frictional
Question-7
Economic growth helps in _________________
(A)
Production of goods
(B)
Production of services
(C)
Raise the standard of living
(D)
All of these
Question-8
_______________ is a situation in which all the people are ready to work at the existing wage rate.
(A)
Involuntary employment
(B)
Voluntary employment
(C)
Full employment
(D)
Frictional employment
Question-9
_________________ unemployment is a situation in which a person willing to work at the exiting wage rate can not find jobs.
(A)
Involuntary
(B)
Voluntary
(C)
Disguised
(D)
Frictional
Question-10
____________ major factor of long term increase in the standard of living of the people.
(A)
Economic growth
(B)
Economic development
(C)
Economic stability
(D)
All of these
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Practice in Related Chapters
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Elasticity of Demand
Cost and Revenue Analysis
FORMS OF MARKET
EQUILIBRIUM OF FIRM
Determination of Equilibrium Price and Output Under Perfect Competition Monopoly and Monopolistic
Equilibrium Price: Market Price
Nature of Goods and Services Produced
National Income Aggregates
INTERNATIONAL TRADE; NEED AND BASIS
Balance of Payments
Theory of Distribution: Marginal Productivity Theory and Determination of Wages
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Fiscal Policy and Deficit Financing
The Theory of Distribution: Rent, Interest and Profit
National Income and Circular Flow of Income
Measurement of National Income
- GOVERNMENT BUDGET
PUBLIC FINANCE;TAXATION
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