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MCQs

Total Questions : 219 | Page 11 of 22 pages
Question 101. What is the third reason for national debt?
  1.    Government spending relative to taxation
  2.    Government spending on Military
  3.    Government spending on their own use
  4.    None of above
 Discuss Question
Answer: Option A. -> Government spending relative to taxation
Answer: (a).Government spending relative to taxation
Question 102. Government decision about printing and calculating money is called
  1.    Fiscal Policy
  2.    Monetary Policy
  3.    Public Policy
  4.    Trade policy
 Discuss Question
Answer: Option B. -> Monetary Policy
Answer: (b).Monetary Policy
Question 103. Two major approaches with IPE are
  1.    Mercantilism
  2.    Liberalism
  3.    Socialism
  4.    both a and b
 Discuss Question
Answer: Option D. -> both a and b
Answer: (d).both a and b
Question 104. The most unique strengths of United States is in the area of
  1.    International relations
  2.    International trade
  3.    International organizations
  4.    International security
 Discuss Question
Answer: Option D. -> International security
Answer: (d).International security
Question 105. The value of a states import relative to its exports is
  1.    Demand Curve
  2.    Equilibrium
  3.    Balance of trade
  4.    Supply curve
 Discuss Question
Answer: Option C. -> Balance of trade
Answer: (c).Balance of trade
Question 106. The at which the demand and supply curve crosses are called
  1.    Supply Curve
  2.    Equilibrium price
  3.    Demand Curve
  4.    Demand supply curve
 Discuss Question
Answer: Option B. -> Equilibrium price
Answer: (b).Equilibrium price
Question 107. A state that imports more than its exports is
  1.    Trade surplus
  2.    Positive balance of trade
  3.    Trade deficit
  4.    Balance of trade
 Discuss Question
Answer: Option C. -> Trade deficit
Answer: (c).Trade deficit
Question 108. If the price is high people are less wiling to buy, if the prices are low more people are willing to buy it this process is called
  1.    Demand Curve
  2.    Supply Curve
  3.    Equilibrium price
  4.    Demand supply curve
 Discuss Question
Answer: Option A. -> Demand Curve
Answer: (a).Demand Curve
Question 109. A state that exports more than it imports is
  1.    Positive balance of trade
  2.    Balance of trade
  3.    Trade surplus
  4.    Negative balance of trade
 Discuss Question
Answer: Option A. -> Positive balance of trade
Answer: (a).Positive balance of trade
Question 110. If the price has risen more sellers are willing to supply their items, if price decrease more sellers are willing to supply their items is called
  1.    Supply Chain
  2.    Supply Curve
  3.    Demand Curve
  4.    Equilibrium
 Discuss Question
Answer: Option B. -> Supply Curve
Answer: (b).Supply Curve

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