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BCS Written Economics Practice Questions - BCS Written Post-Related Economics, Subject Code 331 (BPSC, Bangladesh) Exam

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About this Exam

Prepare with the BCS Written Economics Practice Questions - BCS Written Post-Related Economics, Subject Code 331 (BPSC, Bangladesh) Exam practice quiz. This question bank includes 100 questions covering income, price, rises, demand, and good. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

Sample Questions

Question 1
Which statement best distinguishes microeconomics from macroeconomics?
Microeconomics applies solely to developed countries; macroeconomics applies solely to developing countries
Microeconomics studies economy-wide aggregates; macroeconomics studies a single firm
Microeconomics studies individual units and markets; macroeconomics studies aggregates such as national income and the price level
Microeconomics is only about money; macroeconomics is only about goods
Question 2
In the simplest closed-economy Keynesian model with no government, equilibrium national income is determined where planned saving equals planned investment. If the consumption function is C = 40 + 0.8Y and planned investment is 60, what is equilibrium income?
200
400
500
800
Question 3
Why is the simple Keynesian demand-management model often judged less applicable to underdeveloped countries than to mature industrial economies?
Underdeveloped countries have no government sector, so G cannot appear in the income identity
Underdeveloped countries have unlimited unused industrial capacity and no supply constraints
Keynes assumed unemployed resources with elastic output response; many underdeveloped economies face structural supply bottlenecks, so extra demand may raise prices more than real output
Saving is always equal to investment in underdeveloped countries, so the multiplier is zero
Question 4
If the marginal propensity to consume is 0.75 in a simple Keynesian model with no taxes or foreign trade, and autonomous investment rises by 50, by how much does equilibrium income rise?
37.5
50
150
200
Question 5
In the Keynesian model, the level of employment in the short run is determined primarily by:
Population growth, which automatically creates matching jobs
The real wage that always clears the labor market at full employment
Effective demand, that is planned consumption plus planned investment (and other autonomous spending)
The quantity of money alone, independent of spending

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Additional Information

BCS Written Economics Practice Questions - BCS Written Post-Related Economics, Subject Code 331 (BPSC, Bangladesh) Exam

This practice set contains 100 questions from the matching question bank and focuses on income, price, rises, demand, and good. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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Frequently Asked Questions

This quiz contains a total of 100 practice questions carefully selected to test your knowledge on this subject.
Yes, you will have exactly 0 minutes to complete the exam. A countdown timer will be visible once you start.
Yes, you can retake this practice test as many times as you need. The questions and options may be randomized on subsequent attempts to ensure comprehensive learning.

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