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	Real business cycle theorists argue that ___________ can explain short and long term fluctuations in output.	A. Imperfect labour markets B. Rational expectations C. Intertemporal decisions of households firms and government. D. Sun spot cycles
2	The abolition of income tax would probably ________ the number of workers in employment and____________ the equilibrium. rate of unemployment.	A. increase ; decrease B. increase ; increase C. reduce ; increase D. reduce ; reduce
3	If your income during one year is L 10,000 ad the following year it is L,12,000 then it has grown by	A. 20% B. 2% C. 12% D. 15%
4	The value of an asset depends upon	A. Its scrap value B. Its depreciation C. The present value of the failure stream of income it can earn. D. the cost of loans
5	A good example of a public good is.	A. Public transport B. National defense C. The national health service D. Rail transport
6	In the short run the level of floating exchange rates is determined mainly by.	A. Interest rates B. Competitiveness C. Trade D. Speculation
7	Adding up the quantities demanded of a good by different people facing the same price gives us the.	A. Supply curve B. Market demand curve C. Demand curve D. Market supply curve
8	Higher export demand _______ output and a higher MPZ______ output..	A. Reduces, reduces B. Reduces, increases C. Increases, reduces D. increases, increases
9	An allocation is Pareto efficient if no reallocation of resources would make some people_______ whiteout making others	A. Worse off, worse off B. better off, better off C. better off, worse off D. equal , unequal
10	The most important source of wage differentiate are.	A. Reginal variation B. Unionization C. Relative danger D. Skills

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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

the Maastricht criteria for entry to the EMU are that applicants should have

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.

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

Nominal GNP measures income

If goods are exported for less than society's marginal production cost and the marginal benefit to domestic consumers, it is likely that they benefit from.

When a market is contestable , incumbent firms must.________ to avoid the entry of new competitors.

International difference in opportunity costs lead to countries acquiring.

A fall in investment demand can result from

In Nash equilibrium each player chooses the best strategy.

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

A profit maximizing firm will hire labor until _______ equal the

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.

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.

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

Within circular flow of income, an increase in domestic income iwll lend to increase.

Real business cycle are cycles in

A person who is made redundant because of the contraction of an industry is a victim of.

Potential output can be increased by _________ or by_________

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

A production technique is technically efficient if.

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

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Set 6

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Set 8

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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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Potential output can be increased by _ or by_

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