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	If I keep some money available in case I see a bargain this is an example of.	A. Asset demand for money B. Transactions demand for money C. Token demand for money D. Precautionary demand for money
2	Injection into the circular flow are _________ and _______	A. Consumption, investment, exports B. Investment exports, transfer payments C. Investment government expenditure, exports. D. Taxes, exports, transfer payments.
3	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
4	A competitive equilibrium is Pareto efficient because.	A. Producers are price takers B. Consumers and producer's face the same prices C. Marginal costs and benefits are equal D. All of the above
5	All of the following are type of monetary policy except	A. A nominal money stock target B. A balances budget C. An inflation target D. The pursuit of a target real interest rate
6	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
7	The business cycle describes fluctuations in output around the.	A. Trend path of output B. Boom C. Recession D. Short run fluctuations in output
8	A natural monopoly has a declining ________ over a large range of output.	A. Long run marginal cost B. Short run marginal cost C. Long run average cost D. Long run marginal cost
9	The Keynesian model is a good guide to ______ behavior and the classical model describes behavior in.	A. ^{Long run, short run} B. Flexible, imperfect markets C. Short term , long run D. Ong run, imperfect market.
10	A production technique is technically efficient if.	A. Output is maximized B. Input are minimized C. there is no way to make a given output using less of one input and no more of the other inputs. D. costs are minimized

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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

A dominant strategy is.

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.

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

Comparing a monopoly and a competitive firm the monopolist will.

Economic growth may depend upon __________ and_________

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.

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

The imposition of a tariff causes consumption to _______ and imports to.

Land will be allocated between competing uses so that.

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.

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

If I keep some money available in case I see a bargain this is an example of.

The AD schedule indicates that______ inflation is associated with______ output.

A profit maximizing firm will hire labor until _______ equal the

During periods of rising inflation and rising interest rates we expect the demand for real cash to.

With fixed exchange rates and no private currency flow, when the central bank buys domestic currency the domestic money supply is.

The business cycle is not transmitted from one country to another through.

Marginal revenue is the ________ when output is.

For perfect competition ot work there must be

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

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

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Set 8

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

Share your comments & questions here

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

Economic growth may depend upon __ and_

The AD schedule indicates that inflation is associated with output.