PPSC Economics Topic 11 Assess Your Basics MCQS

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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	The cost of using capital services is the	A. wage rate of capital B. Interest charges C. Marginal capital cost D. Rental rate for capital
2	In the UK in recent years, union membership has ______ and days of work lost because of strikes has.	A. Grown, declined B. declined, declined C. declined, grown D. grown , grown
3	In an economy, measuring total value (1) added, total value(2) spending on final goods and 3 total factor earning gives the result that.	A. 3>2>1 B. 3 +2>1 C. 3<2<1 D. Any measure can be larger or smaller than any other
4	When real income increases, other things equal we fan expect the demand for real money holdings to.	A. Fall B. Not change C. Increase D. Decrease
5	Efficiency wages are_______ that raise	A. Low wages , employment B. High wages, labor supply C. High wages, productivity D. High wages, employment
6	Bank create money by	A. Printing it B. Issuing debit cards C. Accepting chequeens D. Lending out part of their deposits
7	Real GNP is a crude measure of national welfare because it excludes.	A. Consumption B. Investment C. Export's D. work in the home
8	Comparing a monopoly and a competitive firm the monopolist will.	A. Produce less at a lower price B. Produce more at a lower price C. Produce less at a higher price D. Produce less at a lower price
9	Under floating exchange rates, expectations of higher interest rates are likely to cause an __________ of the exchange rate.	A. Depreciation B. Appreciation C. fall D. Devaluation
10	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

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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 neoclassical theory of growth identities the steady state rate of growth as the _________ just sufficient to keep _______ constant while labour grows.

The equilibrium price clears the market it is the price at which.

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

The imposition of a tariff causes consumption to _______ and imports to.

Nominal GNP measures income

An allocation is Pareto efficient if no reallocation of resources would make some people_______ whiteout making others

In the UK under a _________ of the labour force belong to a trade union.

Real GNP is a crude measure of national welfare because it excludes.

The extra utility from consuming one more unit of a good is called.

A fixed exchange rate, plus perfect capital mobility _______ the scope for monetary policy.

Market failure may arise because of.

For perfect competition ot work there must be

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.

A market can accuretaly be described as

The short run Philips curve can shift in response to changes in

The retail price index is used to.

A profit maximizing firm will hire labor until _______ equal the

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

In the event of an increase in the international price of oil that encouraged the central bank to accept lower real interest rates, inflation would most likely.

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

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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

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The neoclassical theory of growth identities the steady state rate of growth as the ___ just sufficient to keep _ constant while labour grows.