PPSC Economics Chapter 11 Assess Your Basics MCQS Preparation Online Test

Have you decided to apply and appear for the PPSC test this year but are worried about your preparation? You are advised that do not to be worried at all. This is because here you can find the complete solution to your preparation. Here you can find the PPSC online tests. Once after attempting these tests you can take the complete idea that what types of questions the examiners can ask from you and how to attempt the paper under the given timeframe. You can get the PPSC online sample test consist of 20 MCQs that you can cover in 20 minutes.

PPSC Economics Test Chapter XI Syllabus

According to the set syllabus of the Economics subjects, chapter XI deals with assessing your basics. The chapter tells the students the ideas that how people can assess their basics under the light of the economics rules. The chapter does not only helps students to cover their studies or to prepare for the exams but this is also a helpful chapter to assess the basics of your real life. This is the reason that the chapter is considered as one of the most important chapters in the Economics subject.

PPSC Economics Ch. 11 Test

Online MCQ`s Test For Chapter 11 "PPSC Economics Chapter 11 Assess Your Basics"

Try The MCQ`s Test For Chapter 11 "PPSC Economics Chapter 11 Assess Your Basics"

  • Total Questions20

  • Time Allowed20

PPSC Economics Chapter 11 Assess Your Basics

00:00
Question # 1

A production technique is technically efficient if.

Question # 2

Leakages from the circular flow are____ and _____

Question # 3

If the consumption of a good by one person does not reduce the quantity available by other and nobody cna be easily excluded from consumption, we are referring to a.

Question # 4

The primary function of a bank is to.

Question # 5

The key issues of macroeconomics are

Question # 6

Injection into the circular flow are _________ and _______

Question # 7

For perfect competition ot work there must be

Question # 8

All of the following are benefits of the single market except.

Question # 9

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

Question # 10

The costs of inflation are

Question # 11

In a free market

Question # 12

A natural monopoly has a declining ________ over a large range of output.

Question # 13

By restricting labour supply a trade union can _________ and_______

Question # 14

The total multiplier for the economy will reflect.

Question # 15

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

Question # 16

Holding all factors constant except one and increasing a variable factor is expected to lead to steadily decreasing marginal product of the factor this is an example of.

Question # 17

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.

Question # 18

Moral Hazard means that the act of insuring __________ that the desired outcome will occur.

Question # 19

The short run marginal cost curve cuts the short run total cost curve and short run average variable cost curve.

Question # 20

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

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11th Chapter

PPSC Economics Chapter 11 Test

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