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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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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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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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	Polices to reduce unemployment by reducing union power tax cut reduction is unemployment benefit and investment. subsidies are examples of.	A. Keynesian polices B. Supply side policies C. Monetarist policies D. Classical policies
2	In a fixed exchange rate regime, the central bank will intervene by __ pounds to ______ the exchange rate.	A. Selling, increase B. buying , increase C. selling, reduce D. both b and c
3	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
4	Short run equilibrium output means that aggregate demand _ actual output	A. is less than B. equals C. is greater than D. fluctuates around
5	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
6	The quantity theory of money says that changes in ______ lead to equivalent changes in ______ but have no effect on.	A. Prices, wages, output and employment. B. Output, prices, employment C. Nominal money, the price level output and employment. D. Nominal money output prices
7	If a long average cost rises, output rises from left to right this is an example of.	A. Increasing returns to scale B. Decreasing returns to scale. C. Constant returns to scale D. the minimum efficient scale
8	International difference in opportunity costs lead to countries acquiring.	A. Comparative advantage B. High exchange rates C. Trade exchange rates D. Trade barriers
9	All of the following represent obstacles to LDC development except.	A. Resource scarcity B. Low level of investment C. Low population D. Poor infrastructure
10	Government may contribute to inflationary pressure on account of building up large.	A. Numbers of employees B. Welfare plans C. Budget deficits D. Expenditure.

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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 government increase spending and raises taxes by just enough to finance the increase it will.

If the MPC is 0.5 the multiplier is

One of the transmission mechanism of monetary policy is through consumer house hold wealth.___________ and consumption.

Real GNP is a crude measure of national welfare because it excludes.

Under floating exchange rates, expectations of higher interest rates are likely to cause an __________ of the exchange rate.

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

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 long run Philips curve is _________ at the ______

The growth rate of economics tend to converge because._________ is easier when capital per worker is low and because of_____

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

If a long average cost rises, output rises from left to right this is an example of.

In the neoclassical theory of growth a higher saving rate leads to.

If the consumption of a good by one person does not reduce the quantity available by other and nobody cna be easily excluded from consumption, we are referring to a.

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

The prisoners Dilemma Game demonstrates that.

A natural monopoly has a declining ________ over a large range of output.

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.

If a country has a burden of debt it cannot sustain it can.

The most important source of wage differentiate are.

In the UK mergers can be referred to the competition commission of they create a firm with _______ of the market.

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

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Set 4

Set 5

Set 6

Set 7

Set 8

Set 9

Set 10

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

The long run Philips curve is ___ at the

The growth rate of economics tend to converge because._____ is easier when capital per worker is low and because of_