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	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
2	If my neighbor burns garden waste causing my house to fil with smoke this is an example of.	A. A production extremality B. A second best solution C. Transaction costs D. A consumption externality
3	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
4	The primary function of a bank is to.	A. Control the money supply B. Provide notes and coins for trade C. Make a profit D. Provide a chequeen clearing system.
5	A tariff causes domestic firms to __________ and consumers to	A. Overproduced, under consume B. overproduce , overconsume C. Underproduce, under consume D. underproduce, overconsume
6	Possible causes of involuntary unemployment are	A. Minimum wage agreements B. Trade unions C. Scale economies D. All of the abvoe
7	import substitution is the replacement of ________ by domestic production under the protection of.	A. exports, subsidies B. Exports, patents C. imports, high tariffs or import quotes D. Imports, subsidies
8	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
9	In the short run the level of floating exchange rates is determined mainly by.	A. Interest rates B. Competitiveness C. Trade D. Speculation
10	Normative economics form ______ based on.	A. Positive statements facts B. Opinions, personal values C. Positive statements values D. Opinions facts

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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

An allocation is Pareto efficient if no reallocation of resources would make some people_______ whiteout making others

the Maastricht criteria for entry to the EMU are that applicants should have

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

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

LDC's often have a comparative advantage in the production of.

The opportunity cost of a student is.

All of the following are types of imperfect competition except

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

When capital mobility is perfect, interest rate differentials will tend to be offset by

Starting from a balanced budget, for a given tax rate an increase in income will cause the government budget to.

Short run average total costs are equal to the sum of _______ and______

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

In a competitive industry each buyer and seller.

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

The short run Philips curve can shift in response to changes in

M4 is a _________ measures of money and includes deposits at both _____________ and

Normative economics form ______ based on.

The primary function of a bank is to.

A straight line diagram can be drawn knowing the _______ and _____

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

Prepare Complete Set Wise PPSC Economics Topic 11 Assess Your Basics MCQs Online With Answers

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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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Short run average total costs are equal to the sum of _ and

M4 is a _ measures of money and includes deposits at both _____ and

A straight line diagram can be drawn knowing the ___ and _