PPSC Economics Topic 10 MCQS Test Preparation

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MCQ's Test For PPSC Economics Topic 10 Public Finance

Try The MCQ's Test For PPSC Economics Topic 10 Public Finance

  • Total Questions20

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PPSC Economics Topic 10 Public Finance

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Question # 1

All economic model ae based on

Question # 2

Which of the following is a component of M1.

Question # 3

The central economic problem in an economy refers to.

Question # 4

The form of dumping that represents the greatest potential net welfare loss the for importing nation is.

Question # 5

The overall Budget Deficit is financed from

Question # 6

If the Federal Reserve wishes to increase the money supply it should.

Question # 7

Which of the followings is NOT component of M-2

Question # 8

In the theory of the firm profit maximization is always synonymous with.

Question # 9

A tariff that probibits imports ahs only

Question # 10

Ad valorem tariffs are collected as

Question # 11

A pure number by which change in investment is multiplied to change in income is called

Question # 12

The multiplier for a change in social security benefits is equl to the multiplier for a change in the same direction in salaries of Evanston police officers tiems.

Question # 13

Unemployment Rate is a percentage relation with reference is.

Question # 14

During the 1980's empirical evidence indicates that.

Question # 15

The larger the required reserve ratio the.

Question # 16

Export led growth strategies tend to emphasize.

Question # 17

Productivity can grow.

Question # 18

Comparative advantage is determined by

Question # 19

If in market the seller is changing different prices for the same commodity from different consumers it is known as.

Question # 20

Disposable incomes is equal to.

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10th Chapter

PPSC Economics Chapter 10 Test

Here you can prepare PPSC Economics Chapter 10 (Most Frequently Asked Economics MCQS) Test. Click the button for 100% free full practice test.

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PPSC Economics Chapter 10 Important MCQ's

Sr.# Question Answer
1 A politician proposes reducing business taxes, a move she says will encourage risk taking entrepreneurship This proposed cut in business taxes is intended to stimulate the economy mainly though.
A. An increase in aggregate supply
B. A decrease in aggregate supply
C. A decrease in aggregate demand
D. An increase in aggregate demand
2 Why is the law of diminishing marginal returns ture.
A. Specialization and division of labor
B. Spreading the average fixed cost
C. Limited capital
D. All factors being variable in the long run
3 Riskless transactions to take advantage of profit opportunities due to a price differential or a yield differential in excess of transaction costa are called
A. deferential actions
B. Cash transactions,
C. Arbitrage
D. Forward transactions
4 An important policy instrument to influence commercial banks is.
A. Open market operations
B. Changing reserve ratios of commercial banks
C. Moral persuasion
D. None of the above
5 The nominal interest rate is 5% and the inflation rate is 2% the real interest rate is.
A. 2%
B. 3%
C. 7%
D. 4%
6 The bowed shape of the production possibilities curve illustrates
A. The law of increasing marginal cost
B. the production is inefficient
C. the production in unattainable
D. The demand is relatively inelastic
7 The exogenous variable in the income equation C +!+G = y is
A. C
B. I
C. G
D. None of these
8 The nation, that, following currency depreciation, the balance of trade falls for a while before increasing is called a ________ effect.
A. Relative price
B. Elasticity
C. J- Curve
D. Pass through
9 If there is a price celling, there will be.
A. Shortages
B. surpluses
C. Equilibrium
D. None of these
10 In a market system, sellers act in ___________ interest, but thsi leads to behaviors in __________ interest.
A. Self, self
B. Self, society's
C. Society's' , society's
D. society's, self

Test Questions

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