PPSC Economics Topic 11 Assess Your Basics MCQS

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Top Scorers Of PPSC Economics Topic 11 Assess Your Basics MCQ`s Test

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Tayyeba 03 - Dec - 2021 12 Min 05 Sec 16/20
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Amjad Ali 09 - Jun - 2023 07 Min 36 Sec 14/20
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romana 28 - Jun - 2021 03 Min 45 Sec 13/20
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Abdul Qayyum 26 - May - 2024 06 Min 48 Sec 13/20
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Shama Suleman 22 - May - 2022 07 Min 15 Sec 13/20
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Mona Bajwa 23 - May - 2022 07 Min 39 Sec 12/20
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Abdul subhan 02 - Jul - 2021 07 Min 28 Sec 11/20
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Murtaza Gillani 13 - Jul - 2024 07 Min 48 Sec 11/20
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Hamza 23 - Aug - 2021 10 Min 10 Sec 10/20
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Aleeza Aslam 15 - Nov - 2022 03 Min 52 Sec 9/20
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Ayesha siddiqa 08 - Jun - 2021 12 Min 06 Sec 8/20
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huma 30 - Jun - 2021 12 Min 23 Sec 8/20
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savera 03 - Jul - 2021 04 Min 58 Sec 6/20
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Abdul Basit 26 - May - 2022 05 Min 13 Sec 6/20
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abuzar 02 - Aug - 2023 08 Min 12 Sec 6/20

PPSC Economics Chapter 11 Important MCQ's

Sr.#	Question	Answer
1	The cost of using capital services is the	A. wage rate of capital B. Interest charges C. Marginal capital cost D. Rental rate for capital
2	All of the following represent obstacles to LDC development except.	A. Resource scarcity B. Low level of investment C. Low population D. Poor infrastructure
3	The short run marginal cost curve cuts the short run total cost curve and short run average variable cost curve.	A. At their lowest points B. When they are declining C. When they are increasing. D. When marginal revenue is zero
4	Economic growth may depend upon __________ and_________	A. Population size , x -efficiency B. Population age distribution, education C. Population growth, education D. Population growth, technical progress
5	If two firms doing the same thing in the same industry join together this is known as a.	A. vertical merger B. Horizontal merger C. Conglomerate merger D. Hostile takeover
6	In a free market	A. Government intervene B. Government plan production C. Government interfere D. Price adjust to reconcile scarcity and desires.
7	The allocation of resources is not efficient it	A. The marginal cost of production does not equal society marginal benefit B. The distribution is inequitable C. Economic growth is low D. Unemployment is high
8	In an open economy leakages to imports ______ the value of the multiplier.	A. Reduce B. Increase C. do not change D. None of these
9	A supply curve is directly affected by	A. Technology B. Input costs C. Government regulation D. All of the above
10	In the event of an increase in the international price of oil that encouraged the central bank to accept lower real interest rates, inflation would most likely.	A. Fall B. Increases C. Remain the same D. Fluctuate

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PPSC Economics Topic 11 MCQS Test Preparation

MCQ's Test For PPSC Economics Topic 11 Assess Your Basics

PPSC Economics Topic 11 Assess Your Basics

We would normally expect the size of the labour force to be ____ than the number of workers willing to accept job offers at any real wage rate.

When the S/L exchange rate rises the pounds______ and whent he S/L rate falls the pounds.

If a country has a burden of debt it cannot sustain it can.

The total multiplier for the economy will reflect.

An advocate of the classical model of the economy would claim that unemployment a created when the ___________ is above its equilibrium level in the.

In the neoclassical theory of growth a higher saving rate leads to.

All of the following represent obstacles to LDC development except.

Potential output can be increased by _________ or by_________

An allocation is Pareto efficient if no reallocation of resources would make some people_______ whiteout making others

A firm that breaks even after all economic costs are paid is earning.

In the UK mergers can be referred to the competition commission of they create a firm with _______ of the market.

The price elasticity of demand measures

In the UK in recent years, union membership has ______ and days of work lost because of strikes has.

Perfect price discrimination means that every customer.

On a graph a positive linear relation ship.

All of the following are type of monetary policy except

In a fixed exchange rate regime, the central bank will intervene by __ pounds to ______ the exchange rate.

If your income during one year is L 10,000 ad the following year it is L,12,000 then it has grown by

The opportunity cost of a good is.

The allocation of resources is not efficient it

Prepare Complete Set Wise PPSC Economics Topic 11 Assess Your Basics MCQs Online With Answers

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Set 6

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Set 8

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Set 10

Set 11

Topic Test

PPSC Economics Chapter 11 Test

Top Scorers Of PPSC Economics Topic 11 Assess Your Basics MCQ`s Test

PPSC Economics Chapter 11 Important MCQ's

Test Questions

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Potential output can be increased by _ or by_

In a fixed exchange rate regime, the central bank will intervene by pounds to ____ the exchange rate.