PPSC Economics Topic 11 Assess Your Basics MCQS

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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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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 AD schedule indicates that______ inflation is associated with______ output.	A. higher , lower B. Higher , higher C. Lower , lower D. zero ,zero
2	Efficiency wages are_______ that raise	A. Low wages , employment B. High wages, labor supply C. High wages, productivity D. High wages, employment
3	In Nash equilibrium each player chooses the best strategy.	A. Assuming other players move first. B. Dominated by the other players C. Given the strategies of other players D. That is a credible threat
4	For perfect competition ot work there must be	A. Many buyers and sellers B. A standard product C. Free entry and exit D. All of the above
5	If your income during one year is L 10,000 ad the following year it is L,12,000 then it has grown by	A. 20% B. 2% C. 12% D. 15%
6	In a fixed exchange rate regime, the central bank will intervene by __ pounds to ______ the exchange rate.	A. Selling, increase B. buying , increase C. selling, reduce D. both b and c
7	In the UK in recent years, union membership has ______ and days of work lost because of strikes has.	A. Grown, declined B. declined, declined C. declined, grown D. grown , grown
8	Positive cross elasticities suggest that goods are ______ and negative cross elasticities that goods are.	A. Substitutes, interior B. Normal, complements C. Substitutes, complements D. Normal , interior
9	If some body is prepared to work at the going wage rate but cannot find work than they are victims of.	A. Voluntary unemployment B. Classical unemployment C. Frictional unemployment. D. All of the above
10	A fixed exchange rate, plus perfect capital mobility _______ the scope for monetary policy.	A. Enhances B. Undermines C. Encourages D. Facilitates

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

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.

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

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

In an open economy leakages to imports ______ the value of the multiplier.

Real business cycle theory suggests that __________ not important in explaining short term fluctuations around actual output.

The real value can be derived from a nominal value by

If British Residents want more French francs to purchases more fresh wine, other things equal than the equilibrium value of the pound against the French farce will.

For given government spending and taxation the government budget deficit will grow in __________ and decline in _________

A rise in the real exchange rate will __ the competitiveness of the domestic economy.

If the MPC is 0.5 the multiplier is

Human capital can be described as.

The retail price index is used to.

A reduction in interest rates, causes an increases in the monetary base that result in an_____ in the availability of consumer credit and a _ in the cost of consumer credit.

Macro economics is the study of.

Potential output can be increased by _________ or by_________

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

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

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

The main cause of different relative costs between countries are.

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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For given government spending and taxation the government budget deficit will grow in __ and decline in _

Potential output can be increased by _ or by_