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 imposition of a tariff causes consumption to _______ and imports to.	A. rise , rise B. fall , rise C. fall , fall D. rise , fall
2	A market can accuretaly be described as	A. A place to buy things B. a place to sell things C. The process by which prices adjust to reconcile the allocation of resources D. a place where buyers and sellers meet.
3	When we refer to the hidden economy we mean unrecorded income owing to.	A. Tax evasion B. Poor statistics C. The lags between statistical collection and publication . D. Smuggling
4	The quantity theory of money says that changes in ______ lead to equivalent changes in ______ but have no effect on.	A. Prices, wages, output and employment. B. Output, prices, employment C. Nominal money, the price level output and employment. D. Nominal money output prices
5	In the UK under a _________ of the labour force belong to a trade union.	A. Quarter B. Third C. Half D. Three quarters
6	The most important source of wage differentiate are.	A. Reginal variation B. Unionization C. Relative danger D. Skills
7	Perfect international capital mobility suggests that international funds will be responsive to _______ differentials.	A. Current account B. Interest rate C. Tax D. Price
8	Market some times fall to exist because of.	A. Externalities B. the free rider problem C. Poor transport D. a an b
9	In the UK mergers can be referred to the competition commission of they create a firm with _______ of the market.	A. 15% B. 20% C. 25% D. 30%
10	During periods of rising inflation and rising interest rates we expect the demand for real cash to.	A. rise B. fall C. not change 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

Micro economics is conceded with

The prisoners Dilemma Game demonstrates that.

If one country, with floating exchange states, has higher inflation than its competitors, we would expect its exchange rate to.

When investment is assumed to autonomous the slope of the AD schedule is determined by the.

If two firms doing the same thing in the same industry join together this is known as a.

Polices to reduce unemployment by reducing union power tax cut reduction is unemployment benefit and investment. subsidies are examples of.

The allocation of resources is not efficient it

If some body is prepared to work at the going wage rate but cannot find work than they are victims of.

The extra utility from consuming one more unit of a good is called.

Aggregate demand without a foreign sector is the sum of.

Economic transition involves high inflation because ______ and _____

The costs of inflation are

When real income increases, other things equal we fan expect the demand for real money holdings to.

Skilled labour is relatively scarce because.

For perfect competition ot work there must be

Moral Hazard means that the act of insuring __________ that the desired outcome will occur.

The cost of using capital services is the

If demand is _______ then price cuts will ________ spending.

Marginal revenue is the ________ when output is.

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

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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

Share your comments & questions here

Economic transition involves high inflation because __ and _

If demand is _ then price cuts will __ spending.