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	A supply curve is directly affected by	A. Technology B. Input costs C. Government regulation D. All of the above
2	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
3	An increase in consumer income will increase demand for a __________ for decrease demand for a.	A. Substitute good interior good B. Normal good, interior good C. Interior good, normal good. D. Normal good, complementary good.
4	Floating exchange rates are __ in the short run	A. Stable B. Volatile C. Predictable D. Depreciating
5	If two firms doing the same thing in the same industry join together this is known as a.	A. vertical merger B. Horizontal merger C. Conglomerate merger D. Hostile takeover
6	The allocation of resources is not efficient it	A. The marginal cost of production does not equal society marginal benefit B. The distribution is inequitable C. Economic growth is low D. Unemployment is high
7	The main cause of different relative costs between countries are.	A. Relative factors competition B. Relative factor mobility C. Relative factor substitution D. Relative factor endowments
8	Real GNP is a crude measure of national welfare because it excludes.	A. Consumption B. Investment C. Export's D. work in the home
9	Real business cycle theory suggests that __________ not important in explaining short term fluctuations around actual output.	A. aggregate supply is B. aggregate demand is C. Potential output is D. Real variables are
10	In the economy when a steel producer sells steel to car producer it is regarded as.	A. A final good B. An intermediate good C. an injection D. a leakage

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

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

The multiplier is calculated as.

For given government spending and taxation the government budget deficit will grow in __________ and decline in _________

If your income doubles and the prices of the goods you buy double, then your demand for these goods will likely

The short run marginal cost curve cuts the short run total cost curve and short run average variable cost curve.

Women and non whiles on average receive lower comes than white men because.

The multiplier accelerator model assumes _______ depends on.

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

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

When the level of income _______ there will be atendency for the trade balance to improve as imports.

An advocate of the classical model of the economy would claim that unemployment a created when the ___________ is above its equilibrium level in the.

If a person thinks they are better off after a 10% wage increase, and all prices have risen 10%, then they are experiencing.

Market some times fall to exist because of.

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

The real value can be derived from a nominal value by

The retail price index is used to.

International difference in opportunity costs lead to countries acquiring.

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

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

For given government spending and taxation the government budget deficit will grow in __ and decline in _