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	The real value can be derived from a nominal value by	A. Adjusting changes over time B. Adjusting for data collection errors C. Adjusting for population changes D. Adjusting for changes in prices
2	The extra utility from consuming one more unit of a good is called.	A. Marginal utility B. Additional utility C. surplus utility D. Bonus utility
3	International specialization takes place because of.	A. Differences in technology B. Differences in factor endowments C. Scale economies D. All of the above
4	The growth rate of economics tend to converge because._________ is easier when capital per worker is low and because of_____	A. capital widening, technical innovation B. Capital widening, catch up in technology C. Capital deepening, technical innovation D. Capital deepening, catch up technology.
5	If a country has a burden of debt it cannot sustain it can.	A. Reschedule debt B. Get a loan from an international organization C. Default on the loan D. Any of the above
6	The most important source of wage differentiate are.	A. Reginal variation B. Unionization C. Relative danger D. Skills
7	The opportunity cost of a student is.	A. Course fees and rent B. A loan from the bank C. What the student could have earned in the best job available by not studying. D. What the student will earn after graduation.
8	If as result of householder wish to save more there is a change in equilibrium income and no change in equilibrium saving this as an example of.	A. Market imperfection B. The law of diminishing returns C. The paradox of thriff D. Market failure
9	A person who is made redundant because of the contraction of an industry is a victim of.	A. Frictional unemployment B. Demand deficient unemployment C. Classical unemployment D. Structural unemployment
10	Within circular flow of income, an increase in domestic income iwll lend to increase.	A. Exports B. Taxes C. Inventories D. Imports

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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

Real business cycle theorists argue that ___________ can explain short and long term fluctuations in output.

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

The opportunity cost of a student is.

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

Real business cycle are cycles in

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.

All of the following are types of imperfect competition except

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

Fiscal policy is weak under floating exchange rates as fiscal expansion.

In linear consumption function with a positive slope less that on means that if income increase, consumption will.

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

International difference in opportunity costs lead to countries acquiring.

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

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

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

Output fell sharply in the transition economies because.

The real value can be derived from a nominal value by

Floating exchange rates are __ in the short run

Adding up the quantities demanded of a good by different people facing the same price gives us the.

Perfect international capital mobility suggests that international funds will be responsive to _______ differentials.

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

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