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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romana 28 - Jun - 2021 03 Min 45 Sec 13/20
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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	Fiscal policy is weak under floating exchange rates as fiscal expansion.	A. Crowds out imports B. Crowds out public consumption C. Crowds out exports D. Reduces the budget deficit
2	A straight line diagram can be drawn knowing the _______ and _____	A. Vertical axis and horizontal axis B. Intercept and slope C. Scale and slope D. Intercept and scale.
3	A current account deficit means that a country may.	A. Reduce its stock of foreign assets B. Increases its stock of foreign assets C. Increases its savings D. Increases its foreign currency reserves.
4	the Maastricht criteria for entry to the EMU are that applicants should have	A. Low inflation B. Low interest rates C. Stable nominal exchange rate D. All of the above
5	Short run average total costs are equal to the sum of _______ and______	A. Short run opportunity costs, profit B. Short run average variable costs, profit C. short run average variable costs, profit. D. Short run average variable costs short run average fixed costs
6	The primary function of a bank is to.	A. Control the money supply B. Provide notes and coins for trade C. Make a profit D. Provide a chequeen clearing system.
7	In linear consumption function with a positive slope less that on means that if income increase, consumption will.	A. Fall B. Not change C. Fluctuate D. Increase
8	The growth rate of economics tend to converge because._________ is easier when capital per worker is low and because of_____	A. capital widening, technical innovation B. Capital widening, catch up in technology C. Capital deepening, technical innovation D. Capital deepening, catch up technology.
9	Top footballers land to earn more than lecturers because.	A. Footballers give more entertainment B. Lecturers are lazy C. The labour markets are imperfect D. Top footballers are relatively scarce in relation to lecturers
10	Efficiency wages are_______ that raise	A. Low wages , employment B. High wages, labor supply C. High wages, productivity D. High wages, employment

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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

LDC's often have a comparative advantage in the production of.

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.

If my neighbor burns garden waste causing my house to fil with smoke this is an example of.

A monopoly may be self perpetuating because profits may be used for

A good example of a public good is.

If a price increase of good A increases the quantity demanded of good B, then good B is a.

In a fixed exchange rate regime, the central bank will intervene by __ pounds to ______ the exchange rate.

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

Floating exchange rates are __ in the short run

Short run equilibrium output means that aggregate demand _ actual output

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

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

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

GDP per head may be an imperfect measure of economic welfare because it excludes.

A straight line diagram can be drawn knowing the _______ and _____

In the absence of international capital controls, central banks set ______ to provide the correct incentive for speculators

The total multiplier for the economy will reflect.

import substitution is the replacement of ________ by domestic production under the protection of.

At the intersection of AD and AS equilibrium is achieved in.

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

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

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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

Share your comments & questions here

In a fixed exchange rate regime, the central bank will intervene by pounds to ____ the exchange rate.

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

A straight line diagram can be drawn knowing the ___ and _