PPSC Economics Chapter 10 Most Frequently Asked Economics MCQS Preparation Online Test

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.

PPSC Economics Test Chapter 10 Syllabus

Chapter 10 enables students to know that what the frequently asked economics MCQs in competitive exams are. After going through this chapter one can get better prepared for the PPSC test. The reason behind it is that the chapter is showing the idea of the important questions according to the examination point of view. With the help of this chapter, candidates cannot only cover the preparation of their PPSC test but they can also prepare them for interviews.

PPSC Economics Ch. 10 Test

MCQ's Test For PPSC Economics Chapter 10 Most Frequently Asked Economics MCQS

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PPSC Economics Chapter 10 Most Frequently Asked Economics MCQS

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Question # 1

The impact and incidence of sales tax is

Question # 2

Quotas are government imposed limits on the ________ of goods trade between countries.

Question # 3

During the 1980's empirical evidence indicates that.

Question # 4

Personal inocme is obtained by adding which items to national income

Question # 5

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

Question # 6

Which of the following is automatic stabilizer.

Question # 7

The largest trading partner of Pakistan is

Question # 8

Why is the law of diminishing marginal returns ture.

Question # 9

Which of the following is often considered to be inconsistent with the notion of perfect competition.

Question # 10

If there is a price floor there will be

Question # 11

In the classical model of Ricardo the direction of trade is delemined by.

Question # 12

John Stuart Mill was the founder of the

Question # 13

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.

Question # 14

In a market system, sellers act in ___________ interest, but thsi leads to behaviors in __________ interest.

Question # 15

An increasingly higher marginal income tax is

Question # 16

The goal of a pure market economy is to best meet the desires of

Question # 17

Which of the following is a component of M1.

Question # 18

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

Question # 19

Through the world government tend o auction quota license to their highest bidder.

Question # 20

If a country an imposes an import tariff its welfare can improve if

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PPSC Economics Chapter 10 Test

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