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	Real business cycle theorists argue that ___________ can explain short and long term fluctuations in output.	A. Imperfect labour markets B. Rational expectations C. Intertemporal decisions of households firms and government. D. Sun spot cycles
2	Short run equilibrium output means that aggregate demand _ actual output	A. is less than B. equals C. is greater than D. fluctuates around
3	The extra utility from consuming one more unit of a good is called.	A. Marginal utility B. Additional utility C. surplus utility D. Bonus utility
4	If one country, with floating exchange states, has higher inflation than its competitors, we would expect its exchange rate to.	A. Appreciate B. Depreciate C. Revalue D. be in short supply
5	Macro economics is the study of.	A. Individual building blocks in the economy B. The relationship between different sectors of the economy C. Household purchased decisions D. The economy as a whole
6	a demand curve can shift because of changing.	A. Incomes B. Prices of related goods C. Testes D. All of the above
7	If your income doubles and the prices of the goods you buy double, then your demand for these goods will likely	A. Increase B. Not change C. Decrease D. Shift
8	A dominant strategy is.	A. A winning strategy B. A losing strategy C. A players best strategy when moving fist D. a player's best strategy whatever the strategies adopted by rivals
9	If the government increase spending and raises taxes by just enough to finance the increase it will.	A. Leave output unchagned B. Increase output C. Reduce output D. Increase the MPC
10	Leakages from the circular flow are____ and _____	A. Investment savings, government expenditure B. Saving , taxes net of subsidies, imports C. Consumption, investment , government expenditure. D. Consumption, taxes, impports

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

A natural monopoly has a declining ________ over a large range of output.

Economics assumes that people consume goods and services to achieve.

Real business cycle theorists argue that ___________ can explain short and long term fluctuations in output.

Monetarists believe that a reduction in _____ can be achieved by reducing.

The short run marginal cost curve cuts the short run total cost curve and short run average variable cost curve.

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

Short run equilibrium output means that aggregate demand _ actual output

Within circular flow of income, an increase in domestic income iwll lend to increase.

If a long average cost rises, output rises from left to right this is an example of.

If the diagram of a line shows that lower values on the vertical scale are associated with higher values on the horizontal scale this is an example of.

Perfect international capital mobility suggests that international funds will be responsive to _______ differentials.

The theory that explains business cycles by the dynamic interaction of consumption and investment demand is the.

import substitution is the replacement of ________ by domestic production under the protection of.

All of the following are benefits of the single market except.

An increase in consumer income will increase demand for a __________ for decrease demand for a.

Micro economics is conceded with

Real business cycle theories suggest that _____ to correct departures from the desired growth path.

When we know the quantity of a product that buyers wish to purchases at each possible price we know.

For a competitive firm its short run supply curve is ________ and its long run supply curve is.

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 9

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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

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