PPSC Economics Topic 11 Assess Your Basics MCQS

Have you decided to apply and appear for the PPSC test this year but are worried about your preparation? You are advised that do not to be worried at all. This is because here you can find the complete solution to your preparation. Here you can find the PPSC online tests. Once after attempting these tests you can take the complete idea that what types of questions the examiners can ask from you and how to attempt the paper under the given timeframe. You can get the PPSC online sample test consist of 20 MCQs that you can cover in 20 minutes.

Top Scorers Of PPSC Economics Topic 11 Assess Your Basics MCQ`s Test

T

Tayyeba 03 - Dec - 2021 12 Min 05 Sec 16/20
A

Amjad Ali 09 - Jun - 2023 07 Min 36 Sec 14/20
R

romana 28 - Jun - 2021 03 Min 45 Sec 13/20
A

Abdul Qayyum 26 - May - 2024 06 Min 48 Sec 13/20
S

Shama Suleman 22 - May - 2022 07 Min 15 Sec 13/20
M

Mona Bajwa 23 - May - 2022 07 Min 39 Sec 12/20
A

Abdul subhan 02 - Jul - 2021 07 Min 28 Sec 11/20
M

Murtaza Gillani 13 - Jul - 2024 07 Min 48 Sec 11/20
H

Hamza 23 - Aug - 2021 10 Min 10 Sec 10/20
A

Aleeza Aslam 15 - Nov - 2022 03 Min 52 Sec 9/20
A

Ayesha siddiqa 08 - Jun - 2021 12 Min 06 Sec 8/20
H

huma 30 - Jun - 2021 12 Min 23 Sec 8/20
S

savera 03 - Jul - 2021 04 Min 58 Sec 6/20
A

Abdul Basit 26 - May - 2022 05 Min 13 Sec 6/20
A

abuzar 02 - Aug - 2023 08 Min 12 Sec 6/20

PPSC Economics Chapter 11 Important MCQ's

Sr.#	Question	Answer
1	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.
2	If both Marginal cost and marginal revenue increase, a firm.	A. Should increase output B. Should reduce output C. Will require further information on how to respond D. should not change output
3	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.	A. Market imperfection B. The law of diminishing returns C. The paradox of thriff D. Market failure
4	An advocate of the classical model of the economy would claim that unemployment a created when the ___________ is above its equilibrium level in the.	A. Price level, agregate economy B. Tax rate, government ebudget C. Wage rate, labour market D. Interest rate, market for loanable funds
5	If some body is prepared to work at the going wage rate but cannot find work than they are victims of.	A. Voluntary unemployment B. Classical unemployment C. Frictional unemployment. D. All of the above
6	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
7	Monetarists believe that a reduction in _____ can be achieved by reducing.	A. Unemployment, prices B. Inflation, wages C. Unemployment, wages D. Inflation, the quantity of nominal money
8	During periods of rising inflation and rising interest rates we expect the demand for real cash to.	A. rise B. fall C. not change D. fluctuate
9	Efficiency wages are_______ that raise	A. Low wages , employment B. High wages, labor supply C. High wages, productivity D. High wages, employment
10	Moral Hazard means that the act of insuring __________ that the desired outcome will occur.	A. Reduces the likelihood B. Increase the likelihood C. Guarantees D. None of the above

Latest Educational News Stories

Pakistan's Largest Database of Colleges and Universities

BS Programs

University Past Papers

University Results

Exam Results 2024

Study Abroad Programs and Opportunities for Pakistani Students

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 current account deficit means that a country may.

Real business cycle are cycles in

The price elasticity of demand measures

In the economy when a steel producer sells steel to car producer it is regarded as.

When we know the quantity of a product that buyers wish to purchases at each possible price we know.

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

By restricting labour supply a trade union can _________ and_______

Monetarists believe that a reduction in _____ can be achieved by reducing.

Extremality's arise because there is a divergence between ____ and _

Potential output can be increased by _________ or by_________

The total multiplier for the economy will reflect.

In a competitive industry each buyer and seller.

Market failure may arise because of.

Fiscal policy is weak under floating exchange rates as fiscal expansion.

A competitive firm produces a level of output at which.

An increase in consumer income will increase demand for a __________ for decrease demand for a.

If demand is _______ then price cuts will ________ spending.

The business cycle describes fluctuations in output around the.

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

If the MPC is 0.5 the multiplier is

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

Set 1

Set 2

Set 3

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

Is this page helpful?

Share your comments & questions here

By restricting labour supply a trade union can ___ and_

Potential output can be increased by _ or by_

If demand is _ then price cuts will __ spending.