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 GNP measures income	A. Including non market activities B. Adjusted for inflation C. Including externalities D. Including tax evasion
2	Monetarists believe that a reduction in _____ can be achieved by reducing.	A. Unemployment, prices B. Inflation, wages C. Unemployment, wages D. Inflation, the quantity of nominal money
3	Bank create money by	A. Printing it B. Issuing debit cards C. Accepting chequeens D. Lending out part of their deposits
4	Market some times fall to exist because of.	A. Externalities B. the free rider problem C. Poor transport D. a an b
5	The opportunity cost of acquiring education is.	A. Course fees B. Course fees and living expenses C. The earning foregone D. Course fees, living expenses and textbooks
6	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
7	The price elasticity of demand measures	A. The responsiveness of quantity demanded to a change in prie. B. How far a demand curve shifts C. A change in price D. A change in quantity demanded
8	A fall in investment demand can result from	A. Higher interest rates B. Lower expected future profits C. More expensive capital goods D. All of the above
9	In the UK under a _________ of the labour force belong to a trade union.	A. Quarter B. Third C. Half D. Three quarters
10	The cost of using capital services is the	A. wage rate of capital B. Interest charges C. Marginal capital cost D. Rental rate for capital

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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 the central bank buys financial securities in the open market to increase the monetary base, this is an example of.

Real business cycle are cycles in

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.

Taxes create a wedge between the sales price and purchase price that prevents the price system equaling _________ and

The neoclassical theory of growth identities the steady state rate of growth as the _________ just sufficient to keep _______ constant while labour grows.

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

All of the following represent obstacles to LDC development except.

Land will be allocated between competing uses so that.

If both Marginal cost and marginal revenue increase, a firm.

A fall in investment demand can result from

Economics assumes that people consume goods and services to achieve.

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

International difference in opportunity costs lead to countries acquiring.

The equilibrium price clears the market it is the price at which.

Top footballers land to earn more than lecturers because.

A good example of a public good is.

The abolition of income tax would probably ________ the number of workers in employment and____________ the equilibrium. rate of unemployment.

GDP per head may be an imperfect measure of economic welfare because it excludes.

Short run equilibrium output means that aggregate demand _ actual output

If some body is prepared to work at the going wage rate but cannot find work than they are victims of.

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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The neoclassical theory of growth identities the steady state rate of growth as the ___ just sufficient to keep _ constant while labour grows.

The abolition of income tax would probably the number of workers in employment and____ the equilibrium. rate of unemployment.