PPSC Economics Topic 10 MCQS Test Preparation

Punjab Public Service Commission, PPSC is an organization regulated by the Punjab government to sort out the suitable and deserving candidates for several vacant positions at the Punjab province level. The organization makes sure that the exams are conducted in a peaceful and satisfactory environment. Moreover, the organization also announces the results with complete transparency and helps in the further recruiting process at the provincial level.

MCQ's Test For PPSC Economics Topic 10 Public Finance

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PPSC Economics Topic 10 Public Finance

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Question # 1

According to the crowding out effect, a there is a government deficit, the real interest rate will.__________ and investment will_________

Question # 2

In the short run an increase in the quantity of money ______ real GDP and _ the price level.

Question # 3

Which of the following strategies have developing countries not used to deal with the problem of unstable expert markets.

Question # 4

A firm can fund an investment from its own sources, the opportunity cost of its investment is

Question # 5

The form of intonational price discrimination normally associated with economic recession or excess inventions in the exporting nation is known as.

Question # 6

The asset market approach a more helpful in explaning.

Question # 7

Which trade theory contents that a country that initially develops and exports a new product may eventually become an importer of if ,a nd may no longer manufacture the product.

Question # 8

Monopoly market is characteristics by

Question # 9

International trade forces domestic firms to become more competitive in terms of.

Question # 10

Indirect taxes are

Question # 11

The warfare effect of a quota depend to a considerable extent upon.

Question # 12

The overall Budget Deficit is financed from

Question # 13

Import substitution is an example of.

Question # 14

Non tariff trade barriers could include all of the following except

Question # 15

Compared to the case of perfect competition.

Question # 16

In autarky equilibrium.

Question # 17

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

Question # 18

Currency speculations is_________ if speculators bet against market forces that cause exchange functions, thus moderating such fluclutions.

Question # 19

If a small country imposes a tariff on an imported good its terms of trade will

Question # 20

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.

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Economics
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 Class Economics Chapter 10 Important MCQ's

Sr.# Question Answer
1 Which of the following organization primely provides long term loans to developing countries to help them develop the infrastructure such as schools hospitals and roads.
A. World Bank
B. International Monetary fund
C. Council on Foreign Relations
D. Organization of petroleum Exporting countries.
2 A depreciation of the dollar will have its most pronounced impact on imports if the demand for. Imports is.
A. Constant
B. Inelastic
C. Elastic
D. Unitary elastic
3 Capitalism refers to
A. the use of markets
B. Government ownership fo capital goods
C. Private ownership of capital goods
D. Private ownership of homes and cars
4 If the autarky price of S were lower in country A than in country B, then if trade were allowed.
A. A would likely exports s to B
B. A would likely import s from B
C. Neither country would want to trade
D. None of the above
5 A supply schedule shows the relations between the quantity supplied of a commodity over a given time and.
A. Factor prices
B. Technology
C. Both a and b
D. The price of the commodity
6 Guid up of foreign exchange reserves leads to.
A. Decrease in money supply
B. increase in money supply
C. contraction in money supply
D. None of the above
7 Which industrialization policy have developing countries used which places emphasis on the comparative advantage principle as agued rto resource allocation.
A. Export promotion
B. Import substitution
C. International commodity agreements
D. Multiateral contracts
8 If in market the seller is changing different prices for the same commodity from different consumers it is known as.
A. Price discrimination
B. efficient selling
C. Profit maxi miser in Monopoly
D. all of these
9 Disposable incomes is equal to.
A. National income Minus taxes
B. Real GDP
C. National income Minus taxes
D. National income Minus Taxes plus transfers
10 Indirect taxes are
A. Direct taxes - subsidies
B. Subsidies
C. Sales taxes
D. Income taxes

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