MCQ Collection
Politics / Economics MCQs
Practice Politics / Economics questions with answers and explanations.
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Correct Answer: A. Inflation is a sustained rise in the general price level
Explanation:
Inflation concerns broad, sustained price increases.
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Correct Answer: C. An externality affects parties not directly involved in a transaction
Explanation:
External costs or benefits spill over to others.
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Correct Answer: A. Utilitarian reasoning evaluates consequences for overall welfare
Explanation:
Consequential evaluation is central to utilitarianism.
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Correct Answer: C. Deontological ethics emphasises duties and principles, not consequences alone
Explanation:
Duties can constrain action regardless of aggregate outcome.
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Correct Answer: D. Separating legislative, executive and judicial powers can limit concentration of authority
Explanation:
Separation and checks aim to prevent abuse.
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Correct Answer: B. Separating legislative, executive and judicial powers can limit concentration of authority
Explanation:
Separation and checks aim to prevent abuse.
