World Economy Test 02 Online Mcqs Preparation Leave a Comment / Economics / By Shani Malik World Economy Test 02 Online Mcqs Preparation 1. The cause of high inflation is :A. Black-marketB. High prices C. Superior quality of goodsD. Shortage of goods Loading... 2. The currency of Bangladesh is the :A. Rupee B. RupiahC. TakkaD. Rial Loading... 3. Banks charge higher rate of interest on the score of :A. Purpose of loanB. Type of customerC. Risk involved D. Nature of goods Loading... 4. Which of the following is a non-economic activity ?A. Mother tending her sick childB. Danseuse performing at a theaterC. Sweeper cleaning the streets D. Professor instructing his students Loading... 5. When prices are rising, one of the ways of bringing about reduction in prices would be to:A. Lower interest rateB. Increase the availability of goods C. Increase government spendingD. Reduce the rate of personal income tax Loading... 6. Changes in the standard of living of the people in a country are indicated best by changes in the :A. Wholesale price indexB. Cost of living index C. Index of industrial productivityD. Per capita income Loading... 7. The largest automobile manufacturing center in the world is at:A. DetroitB. BirminghamC. TokyoD. Paris Loading... 8. Which of the following world be a 'fixed cost' to a manufacturing firm ?A. Machinery and plantB. Replacement of loanC. Raw materialD. Wages Loading... 9. The theory of 'surplus value' is associated with ?A. Communism B. SocialismC. Guild socialismD. Fabian socialism Loading... 10. The Law of Diminishing Returns applies to :A. LandB. ProductionC. Merchandising D. Capital Loading... Loading... Related NTS Results Post:Chemistry MCQs Test 05 Online PreparationBiology Mcqs Test 15 Online PreparationChemistry MCQs Test 06 Online PreparationChemistry MCQs Test 07 Online PreparationBiology Mcqs Test 10 Online PreparationIslamiat Mcqs Test 02 Online PreparationIslamiat Mcqs Test 01 Online PreparationBiology Mcqs Test 08 Online Preparation