CSS Economics Solved Mcqs

Q.  An example of natural resources is:

a. Factory
b. Skilled doctor
c. Oil reserves in the ground
d. Oil reserves in storage tank


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MCQs:  If marginal product of labour rises because of new technology:
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MCQs:  One of the following is NOT a assumption of the marginal productivity theory:
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MCQs:  Increasing the minimum wage for workers will:
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MCQs:  Which one of the following approaches to the definition of money gives the widest possible view of money?
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MCQs:  The best example of representative full-bodied money is found in the 'gold certificates' which circulated in the U.S.A. before being withdrawn from circulation in:
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MCQs:  Which of the following is not a function of money?
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MCQs:  Money has been defined as 'that by delivery of which debt contracts and price contracts are discharged, and in the the shape of which general purchasing power is held'. Whole definition is this?
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MCQs:  Fiat money refers to:
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MCQs:  Which one of the following is an example of quasi-money or near-money?
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MCQs:  When the commodity value of money and its value as money are equal, it is called:
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MCQs:  The limited legal-tender money stands for the component of money which:
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MCQs:  As compared to the classical theory, which function of money was stressed more in the Keynesian theory?
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MCQs:  Bad money drives good money out of circulation. With whole name is this law associated?
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MCQs:  Identify the country which was the first to adopt the gold standard:
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MCQs:  During which decade of the nineteenth century did most European countries adopt the gold standard?
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MCQs:  When did the UK finally abandon the gold standard?
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MCQs:  Who is generally regarded as the founder of the Modern Quantity Theory of Money?
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MCQs:  The Quantity Theory of Money establishes the relationship between quantity of money in an economy and the level of:
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MCQs:  Identify Pigou's cash balances equation:
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MCQs:  In the Fisher's equation of exchange MV = PT, what does T denote?
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