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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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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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 Maastricht criteria for entry to the EMU are that applicants should have	A. Low inflation B. Low interest rates C. Stable nominal exchange rate D. All of the above
2	When investment is assumed to autonomous the slope of the AD schedule is determined by the.	A. Marginal propensity to invest. B. disposable income C. Marginal propensity to consume D. Average properisity to consume
3	If a price increase of good A increases the quantity demanded of good B, then good B is a.	A. substitute good B. Complementary good C. Bargain D. Interior good
4	An advocate of the classical model of the economy would claim that unemployment a created when the ___________ is above its equilibrium level in the.	A. Price level, agregate economy B. Tax rate, government ebudget C. Wage rate, labour market D. Interest rate, market for loanable funds
5	One of the transmission mechanism of monetary policy is through consumer house hold wealth.___________ and consumption.	A. rise, increases, increases B. rise, falls, increases C. rise, increases, falls D. rise, falls, falls
6	All of the following are types of imperfect competition except	A. Monopolistic competition B. Oligopoly C. Monopoly D. Unfair competition
7	Polices to reduce unemployment by reducing union power tax cut reduction is unemployment benefit and investment. subsidies are examples of.	A. Keynesian polices B. Supply side policies C. Monetarist policies D. Classical policies
8	If banks and the private sector decide to hold less cash the money multiplier will be.	A. Unchanged B. Larger C. Smaller D. unstable
9	International specialization takes place because of.	A. Differences in technology B. Differences in factor endowments C. Scale economies D. All of the above
10	On a graph a positive linear relation ship.	A. Moves down to the right B. Moves up to the left C. Moves up to the right D. Modes down to the left

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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

During periods of rising inflation and rising interest rates we expect the demand for real cash to.

Expansionary fiscal policy in the classical model will cause aggregate demand to ______ potential output.

In the circular flow we would expect leakages to __________ injections.

If demand is _______ then price cuts will ________ spending.

In the economy when a steel producer sells steel to car producer it is regarded as.

If I keep some money available in case I see a bargain this is an example of.

The allocation of resources is not efficient it

Injection into the circular flow are _________ and _______

Starting from a position of internal and external balance a reduction in aggregate demand will cause a current account.

Positive cross elasticities suggest that goods are ______ and negative cross elasticities that goods are.

A production technique is technically efficient if.

A monopoly may be self perpetuating because profits may be used for

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

Satellite television subscription and television detection devices are ways in which broadcasting companies address the _____ problem.

The total multiplier for the economy will reflect.

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.

If a person thinks they are better off after a 10% wage increase, and all prices have risen 10%, then they are experiencing.

The opportunity cost of a student is.

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

Human capital can be described as.

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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

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If demand is _ then price cuts will __ spending.

Injection into the circular flow are ___ and _