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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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 retail price index is used to.	A. Construct price lists B. Compare shop prices C. Measure changes in the cost of living D. None of the above
2	Real business cycle theories suggest that _____ to correct departures from the desired growth path.	A. There is a role of fiscal policy B. There is a role for monetary policy C. There is a role for supply side policies D. There is no case for stabilizing output over the business cycle.
3	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
4	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
5	The key issues of macroeconomics are	A. Unemployment B. Inflation C. Economic growth D. All of the above
6	The most important source of wage differentiate are.	A. Reginal variation B. Unionization C. Relative danger D. Skills
7	All of the following are parts of the business cycle except.	A. Boom B. slump C. Recovery D. Acceleration
8	If two firms doing the same thing in the same industry join together this is known as a.	A. vertical merger B. Horizontal merger C. Conglomerate merger D. Hostile takeover
9	The single European Act committed_ governments to a ___ in 1992	A. European union, single market B. Western European, single currency area C. European union, single currency area D. Western European, single market
10	If one country, with floating exchange states, has higher inflation than its competitors, we would expect its exchange rate to.	A. Appreciate B. Depreciate C. Revalue D. be in short supply

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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

In the short run the level of floating exchange rates is determined mainly by.

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

Within circular flow of income, an increase in domestic income iwll lend to increase.

The opportunity cost of a good is.

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

In a free market

Normative economics form ______ based on.

For a competitive firm its short run supply curve is ________ and its long run supply curve is.

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

The multiplier accelerator model assumes _______ depends on.

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

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

In a fixed exchange rate regime, the central bank will intervene by __ pounds to ______ the exchange rate.

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.

The price elasticity of demand measures

The participation rate in the labour force is affected by

All of the following are types of imperfect competition except

The real value can be derived from a nominal value by

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

Possible causes of involuntary unemployment are

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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

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In a fixed exchange rate regime, the central bank will intervene by pounds to ____ the exchange rate.

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