PPSCFPSCNTSPakistan govt jobs
- Subject
- Basic of Economicseconomics-mcqs › basic-of-economics
- Published
- 26 May 2019
- Last updated
- 28 May 2026
What term describes a market characterized by rising prices over a period of time?
Multiple choice question for Basic of Economics. Select an option, then review the explanation below.
Explanation
A bull market refers to a financial market where prices are consistently increasing. The other options do not accurately describe this trend.
More Basic of Economics MCQs
Practice related questions from the same subject.
- 1.Which of the following best describes deflation?
- 2.Under what condition can two nations benefit from engaging in international trade?
- 3.Which of the following represents a legitimate form of currency?
- 4.Which political ideology is best summarized by the phrase, "From each according to his ability, to each according to his needs"?
- 5.Which type of currency experiences a decline in its exchange rate due to a continuous balance of payments deficit?