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PPSC Economics Topic 10 Public Finance
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Total Questions20
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Time Allowed20
PPSC Economics Topic 10 Public Finance
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Question # 1
Which of the following is automatic stabilizer.
Question # 2
The form of intonational price discrimination normally associated with economic recession or excess inventions in the exporting nation is known as.
Question # 3
A straight line downward sloping demand curve implies that as price falls the elasticity of demand.
Question # 4
Compared to the case of perfect competition.
Question # 5
The bowed shape of the production possibilities curve illustrates
Question # 6
MRSxy being 6 means
Question # 7
Which industrialization policy have developing countries used which places emphasis on the comparative advantage principle as agued rto resource allocation.
Question # 8
a nation with a current account deficit will be
Question # 9
An Engel curve is based on which one of the following assumptions.
Question # 10
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 # 11
Non tariff trade barriers could include all of the following except
Question # 12
The effect of the most favored nation clause is to
Question # 13
Public utilities tend to be
Question # 14
The supply of foreign currency tends to be
Question # 15
Through the world government tend o auction quota license to their highest bidder.
Question # 16
A tariff that probibits imports ahs only
Question # 17
If tastes are identical between countries than comparative advantage is determined by
Question # 18
Skills that cna be transferred to other employers are called.
Question # 19
The production function will be affected by changes in the prices of.
Question # 20
A_______ is an example of a quota where foreigners hold quota licenses.
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