PPSC Economics Topic 11 Assess Your Basics MCQS

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	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.	A. Smaller B. Larger C. the same size D. None of these
2	The effect of a tax to offset a negative eternality will be to ________ price and ____ quantity.	A. Reduce, reduce B. increase, increase C. Increase , reduce D. reduce, increase
3	The business cycle is not transmitted from one country to another through.	A. Private sector imports and exports B. Economic policy C. The duration of compulsory education D. Labour supply changes
4	The multiplier accelerator model assumes _______ depends on.	A. Consumption, expected future profits. B. Investment, interest rates. C. Investment expected future profits. D. Stock building, interest rates.
5	The opportunity cost of a student is.	A. Course fees and rent B. A loan from the bank C. What the student could have earned in the best job available by not studying. D. What the student will earn after graduation.
6	A current account deficit means that a country may.	A. Reduce its stock of foreign assets B. Increases its stock of foreign assets C. Increases its savings D. Increases its foreign currency reserves.
7	In the ERM, each country fixed ___ against each other ERM participant collectively the group._____ against the rest of the world.	A. A nominal exchange rate, floated B. A real exchange rate, pegged C. a purchasing power parity, pegged D. a real exchange rate, floated
8	The opportunity cost of a good is.	A. The time lost in finding it B. The quantity of other goods sacrificed to get another unit of that good C. The expenditure on the good D. The loss of interest in using savings
9	If goods are exported for less than society's marginal production cost and the marginal benefit to domestic consumers, it is likely that they benefit from.	A. An import subsidy B. A quota C. Comparative advantage D. An export subsidy
10	International specialization takes place because of.	A. Differences in technology B. Differences in factor endowments C. Scale economies D. All of the above

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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

If as result of householder wish to save more there is a change in equilibrium income and no change in equilibrium saving this as an example of.

In a competitive industry each buyer and seller.

If the central bank buys financial securities in the open market to increase the monetary base, this is an example of.

The abolition of income tax would probably ________ the number of workers in employment and____________ the equilibrium. rate of unemployment.

Economic transition involves high inflation because ______ and _____

A fixed exchange rate, plus perfect capital mobility _______ the scope for monetary policy.

On a graph a positive linear relation ship.

The quantity theory of money says that changes in ______ lead to equivalent changes in ______ but have no effect on.

Bank create money by

The business cycle is not transmitted from one country to another through.

All of the following are parts of the business cycle except.

Under floating exchange rates, expectations of higher interest rates are likely to cause an __________ of the exchange rate.

In an economy, measuring total value (1) added, total value(2) spending on final goods and 3 total factor earning gives the result that.

The neoclassical theory of growth identities the steady state rate of growth as the _________ just sufficient to keep _______ constant while labour grows.

The increase in total cost when one more units is produced is known as.

In the UK under a _________ of the labour force belong to a trade union.

If your income doubles and the prices of the goods you buy double, then your demand for these goods will likely

If demand is _______ then price cuts will ________ spending.

The business cycle describes fluctuations in output around the.

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 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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The abolition of income tax would probably the number of workers in employment and____ the equilibrium. rate of unemployment.

Economic transition involves high inflation because __ and _

The quantity theory of money says that changes in lead to equivalent changes in but have no effect on.

The neoclassical theory of growth identities the steady state rate of growth as the ___ just sufficient to keep _ constant while labour grows.

If demand is _ then price cuts will __ spending.