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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romana 28 - Jun - 2021 03 Min 45 Sec 13/20
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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	If a long average cost rises, output rises from left to right this is an example of.	A. Increasing returns to scale B. Decreasing returns to scale. C. Constant returns to scale D. the minimum efficient scale
2	Government may contribute to inflationary pressure on account of building up large.	A. Numbers of employees B. Welfare plans C. Budget deficits D. Expenditure.
3	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
4	Human capital can be described as.	A. The tools used by workers to entrances productivity B. a persons inherited abilities. C. The stock of expertise accumulated by a worker D. Education
5	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
6	A supply curve is directly affected by	A. Technology B. Input costs C. Government regulation D. All of the above
7	An allocation is Pareto efficient if no reallocation of resources would make some people_______ whiteout making others	A. Worse off, worse off B. better off, better off C. better off, worse off D. equal , unequal
8	A good example of a public good is.	A. Public transport B. National defense C. The national health service D. Rail transport
9	The quantity theory of money says that changes in ______ lead to equivalent changes in ______ but have no effect on.	A. Prices, wages, output and employment. B. Output, prices, employment C. Nominal money, the price level output and employment. D. Nominal money output prices
10	A competitive firms demand curve is.	A. Horizontal B. Vertical C. Down ward sloping D. Fairly elastic

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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 single European Act committed_ governments to a ___ in 1992

Government may contribute to inflationary pressure on account of building up large.

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

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

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

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

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

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.

By restricting labour supply a trade union can _________ and_______

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.

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

The multiplier accelerator model assumes _______ depends on.

Adding up the quantities demanded of a good by different people facing the same price gives us the.

In a free market

Economics assumes that people consume goods and services to achieve.

A firm that breaks even after all economic costs are paid is earning.

A competitive firm produces a level of output at which.

When a market is contestable , incumbent firms must.________ to avoid the entry of new competitors.

The most important source of wage differentiate are.

a demand curve can shift because of changing.

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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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By restricting labour supply a trade union can ___ and_

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