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

National Income account of Pakistan have registered GDP & GNP as.

Question # 2

Which provides the best explanation of the failure of many poor countries to experience economic growth as rapid as the rich countries..

Question # 3

The production function will be affected by changes in the prices of.

Question # 4

The productivity curve

Question # 5

Comparative advantage is determined by

Question # 6

MRSxy being 6 means

Question # 7

The overall Budget Deficit is financed from

Question # 8

The exogenous variable in the income equation C +!+G = y is

Question # 9

Price controls are

Question # 10

The% change in quantity demanded due to % change in incomes.

Question # 11

In the cost of slugger rises and slugger is major ingredient in jelly beans then the jelly bean.

Question # 12

Personal inocme is obtained by adding which items to national income

Question # 13

The overall Budget Deficit is financed from

Question # 14

With no government and foreign trade sectors savings always equals.

Question # 15

Direct investment and security purchase are classified as.

Question # 16

A stable equilibrium requires that the marginal propensity to consume is.

Question # 17

An economy that has achieved full production has achieved

Question # 18

Riskless transactions to take advantage of profit opportunities due to a price differential or a yield differential in excess of transaction costa are called

Question # 19

The law of demand states that

Question # 20

A depreciation of the dollar will have its most pronounced impact on imports if the demand for. Imports is.

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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 Economics Chapter 10 Important MCQ's

Sr.# Question Answer
1 With no government and foreign trade sectors savings always equals.
A. Intended investment
B. Realized investment
C. Botha a and b
D. None of these
2 Saving means
A. Part of income for investment
B. Income for boarding
C. Non consumption of income in the current period
D. None of the above
3 In oligopoly market seller are.
A. Few
B. Four
C. Some
D. A large number
4 If a small country imposes a tariff on an imported good its terms of trade will
A. Improve
B. Worsen
C. Not change
D. any of the above
5 If there is a prices celling, which of the following is NOT likely to occur.
A. Rationing by first come first served
B. Black markets
C. Gray markets
D. Sellers providing goods for free that were formerly not free
6 The agricultural price support program is an example of.
A. A price celling
B. A price floor
C. Equilibrium pricing
D. None of these
7 The largest trading partner of Pakistan is
A. Italy
B. US
C. USA
D. None of these
8 A firm can fund an investment from its own sources, the opportunity cost of its investment is
A. Less than zero
B. Zero
C. More than zero
D. Neither
9 the difference between actual and planned expenditure is equal to.
A. X -M
B. M- X
C. Unplanned inventory change
D. Excess reserves of depository institutions.
10 In the home country government grants a subsidy of a domestically produced good domestic producers tend to.
A. Capture the entire subsidy in the form of higher profits
B. Increase their level of production
C. Reduce wages paid to domestic workers
D. Consider the subsidy as an increase in production cost

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