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	Normative economics form ______ based on.	A. Positive statements facts B. Opinions, personal values C. Positive statements values D. Opinions facts
2	When investment is assumed to autonomous the slope of the AD schedule is determined by the.	A. Marginal propensity to invest. B. disposable income C. Marginal propensity to consume D. Average properisity to consume
3	All of the following are benefits of the single market except.	A. It allows countries to exploit their comparative advantage, more fully B. Firms could more readily exploit economies of scale C. It intensified competition D. It is easier book holidays in member countries.
4	Economics is the study of	A. Production technology B. Consumption decisions C. How society decides what how and for whom to produce D. The best way to run society
5	Aggregate demand without a foreign sector is the sum of.	A. c+1 B. C+G C. 1+G D. C+!+G
6	International difference in opportunity costs lead to countries acquiring.	A. Comparative advantage B. High exchange rates C. Trade exchange rates D. Trade barriers
7	Land will be allocated between competing uses so that.	A. Housing gets priority B. Industry gets priority C. Faming gets priority D. The equilibrium rental rate equilibrium total demand with supply
8	In the absence of international capital controls, central banks set ______ to provide the correct incentive for speculators	A. Money supply targets B. Income policy C. Interest rates D. Inflation targets
9	One of the transmission mechanism of monetary policy is through consumer house hold wealth.___________ and consumption.	A. rise, increases, increases B. rise, falls, increases C. rise, increases, falls D. rise, falls, falls
10	Real business cycle theory suggests that __________ not important in explaining short term fluctuations around actual output.	A. aggregate supply is B. aggregate demand is C. Potential output is D. Real variables are

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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

If a firm not operating at the output necessary to achieve al scale economies it has not achieved its.

On a graph a positive linear relation ship.

The multiplier accelerator model assumes _______ depends on.

By restricting labour supply a trade union can _________ and_______

Nominal GNP measures income

Except for taxes to offset ___ taxes are.

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

The most important source of wage differentiate are.

Perfect price discrimination means that every customer.

If some body is prepared to work at the going wage rate but cannot find work than they are victims of.

Injection into the circular flow are _________ and _______

In the classical model, potential output can not be increased by

A current account deficit means that a country may.

The long run Philips curve is _________ at the ______

A production technique is technically efficient if.

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

The primary function of a bank is to.

A dominant strategy is.

If your income during one year is L 10,000 ad the following year it is L,12,000 then it has grown by

The value of an asset depends upon

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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

By restricting labour supply a trade union can ___ and_

Injection into the circular flow are ___ and _

The long run Philips curve is ___ at the