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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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	Perfect price discrimination means that every customer.	A. Buys the same amount B. Pays the same price C. Pays what she thinks the product is worth D. Contributes the same revenue.
2	Aggregate demand in an economy trading internationally with a government sector can be written s.	A. AD = C+1 B. AD = C + 1+ G C. AD = C +1+G+X+Z D. AD+C+1+G+X-Z
3	All of the following are benefits of the single market except.	A. It allows countries to exploit their comparative advantage, more fully B. Firms could more readily exploit economies of scale C. It intensified competition D. It is easier book holidays in member countries.
4	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
5	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
6	Output fell sharply in the transition economies because.	A. Banks were undoable to function B. There was little corporate control C. Vital infrastructure was missing D. All of the above
7	The multiplier accelerator model assumes _______ depends on.	A. Consumption, expected future profits. B. Investment, interest rates. C. Investment expected future profits. D. Stock building, interest rates.
8	Human capital can be described as.	A. The tools used by workers to entrances productivity B. a persons inherited abilities. C. The stock of expertise accumulated by a worker D. Education
9	Land will be allocated between competing uses so that.	A. Housing gets priority B. Industry gets priority C. Faming gets priority D. The equilibrium rental rate equilibrium total demand with supply
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

If my neighbor burns garden waste causing my house to fil with smoke this is an example of.

Holding all factors constant except one and increasing a variable factor is expected to lead to steadily decreasing marginal product of the factor this is an example of.

Output fell sharply in the transition economies because.

We cannot say whether one allocation of resources is better than another allocation because.

Perfect price discrimination means that every customer.

All of the following are types of imperfect competition except

International specialization takes place because of.

Normative economics form ______ based on.

The price elasticity of demand measures

A competitive firm produces a level of output at which.

Short run equilibrium output means that aggregate demand _ actual output

Micro economics is conceded with

If desired spending in the economy exceeds income we would expect.

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

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

We would normally expect the size of the labour force to be ____ than the number of workers willing to accept job offers at any real wage rate.

An upward shift in marginal cost ___________ output and an upward shift in _____ marginal revenue __ output.

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.

Market some times fall to exist because of.

Market failure may arise because of.

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

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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

Test Questions

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An upward shift in marginal cost _________ output and an upward shift in _ marginal revenue output.