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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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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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 level of the equilibrium exchange rate offsets international difference in.	A. Comparative advantage B. Absolute advantage C. Opportunity cost D. Relative costs
2	When real income increases, other things equal we fan expect the demand for real money holdings to.	A. Fall B. Not change C. Increase D. Decrease
3	An optimal tariff is one which reduces imports to the level at which ___ equals	A. imports , exports B. The balance of trade, zero C. The demand for currency, the supply of currency D. Social marginal cost social marginal benefit
4	In the classical model, potential output can not be increased by	A. Monetary growth B. Better technology C. More capital D. higher labour supply
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	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.	A. Rise B. fall C. not changes D. fluctuate
7	On a graph a positive linear relation ship.	A. Moves down to the right B. Moves up to the left C. Moves up to the right D. Modes down to the left
8	The neoclassical theory of growth identities the steady state rate of growth as the _________ just sufficient to keep _______ constant while labour grows.	A. Saving investment B. Capital per person productivity C. Labour growth , output D. Investment capital per person
9	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
10	A market can accuretaly be described as	A. A place to buy things B. a place to sell things C. The process by which prices adjust to reconcile the allocation of resources D. a place where buyers and sellers meet.

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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

All of the following are type of monetary policy except

In an economy, measuring total value (1) added, total value(2) spending on final goods and 3 total factor earning gives the result that.

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

The impossibility of negative gross investment provides a______ to fluctuations in.

A supply curve is directly affected by

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

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

Macro economics is the study of.

The AD schedule indicates that______ inflation is associated with______ output.

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

If two firms doing the same thing in the same industry join together this is known as a.

Top footballers land to earn more than lecturers because.

Bank create money by

The primary function of a bank is to.

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.

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

When investment is assumed to autonomous the slope of the AD schedule is determined by the.

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

Possible causes of involuntary unemployment are

Starting from a position of internal and external balance a reduction in aggregate demand will cause a current account.

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

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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

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The AD schedule indicates that inflation is associated with output.