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	The equilibrium inflation rate is determine by the intersection of __________ and ___	A. demand, supply B. IS , LM C. AD, AS D. Labour demand, labour supply
2	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
3	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
4	In the UK mergers can be referred to the competition commission of they create a firm with _______ of the market.	A. 15% B. 20% C. 25% D. 30%
5	In an open economy leakages to imports ______ the value of the multiplier.	A. Reduce B. Increase C. do not change D. None of these
6	Positive cross elasticities suggest that goods are ______ and negative cross elasticities that goods are.	A. Substitutes, interior B. Normal, complements C. Substitutes, complements D. Normal , interior
7	import substitution is the replacement of ________ by domestic production under the protection of.	A. exports, subsidies B. Exports, patents C. imports, high tariffs or import quotes D. Imports, subsidies
8	Micro economics is conceded with	A. The economy as a whole B. The electronics industry C. The study of individual economic behavior D. the interactions within the entire economy
9	Efficiency wages are_______ that raise	A. Low wages , employment B. High wages, labor supply C. High wages, productivity D. High wages, employment
10	A tariff causes domestic firms to __________ and consumers to	A. Overproduced, under consume B. overproduce , overconsume C. Underproduce, under consume D. underproduce, overconsume

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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

A market can accuretaly be described as

The growth rate of economics tend to converge because._________ is easier when capital per worker is low and because of_____

The business cycle describes fluctuations in output around the.

In the UK mergers can be referred to the competition commission of they create a firm with _______ of the market.

The price elasticity of demand measures

The costs of inflation are

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

The equilibrium inflation rate is determine by the intersection of __________ and ___

In an open economy leakages to imports ______ the value of the multiplier.

Positive cross elasticities suggest that goods are ______ and negative cross elasticities that goods are.

If the central bank buys financial securities in the open market to increase the monetary base, this is an example 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.

A current account deficit means that a country may.

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.

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

In the UK in recent years, union membership has ______ and days of work lost because of strikes has.

The multiplier accelerator model assumes _______ depends on.

A competitive firm produces a level of output at which.

The single European Act committed_ governments to a ___ in 1992

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

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

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The growth rate of economics tend to converge because._____ is easier when capital per worker is low and because of_

The equilibrium inflation rate is determine by the intersection of ________ and _