PPSC Economics Topic 11 Assess Your Basics MCQS

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Amjad Ali 09 - Jun - 2023 07 Min 36 Sec 14/20
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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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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 rise in the real exchange rate will __ the competitiveness of the domestic economy.	A. Increase B. reduce C. do nothing do D. all of these
2	The business cycle describes fluctuations in output around the.	A. Trend path of output B. Boom C. Recession D. Short run fluctuations in output
3	Injection into the circular flow are _________ and _______	A. Consumption, investment, exports B. Investment exports, transfer payments C. Investment government expenditure, exports. D. Taxes, exports, transfer payments.
4	The equilibrium inflation rate is determine by the intersection of __________ and ___	A. demand, supply B. IS , LM C. AD, AS D. Labour demand, labour supply
5	Nominal GNP measures income	A. At the present time B. Corrected for tax changes C. Corrected for changes in interest rates D. At current prices
6	The most important source of wage differentiate are.	A. Reginal variation B. Unionization C. Relative danger D. Skills
7	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.	A. Private good B. Merit good C. Public good D. Abundant good
8	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.
9	Women and non whiles on average receive lower comes than white men because.	A. They tend to work in relatively unskilled jobs B. Educational disadvantage C. Firms are reluctant to invest in training D. All of the above
10	At the intersection of AD and AS equilibrium is achieved in.	A. The goods market B. The money market C. The labour market D. All of the above

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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 theory that explains business cycles by the dynamic interaction of consumption and investment demand is the.

In the UK in recent years, union membership has ______ and days of work lost because of strikes has.

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

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.

When real income increases, other things equal we fan expect the demand for real money holdings to.

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

In a free market

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

Skilled labour is relatively scarce because.

Macro economics is the study of.

International specialization takes place because of.

If the income tax rate changes from 30% to 40% on incomes over L 30,000 and a person's income is l 31,000 then her marginal tax rate is.

Higher export demand _______ output and a higher MPZ______ output..

a demand curve can shift because of changing.

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.

All of the following are type of monetary policy except

All of the following are benefits of the single market except.

With fixed exchange rates and no private currency flow, when the central bank buys domestic currency the domestic money supply is.

The primary function of a bank is to.

The participation rate in the labour force is affected by

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

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Set 8

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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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Higher export demand _ output and a higher MPZ output..