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

Sr.#	Question	Answer
1	The main cause of different relative costs between countries are.	A. Relative factors competition B. Relative factor mobility C. Relative factor substitution D. Relative factor endowments
2	In the neoclassical theory of growth a higher saving rate leads to.	A. A higher growth rate B. A fluctuating growth rate C. A lower growth rate D. No change in the growth rate
3	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
4	If a country has a burden of debt it cannot sustain it can.	A. Reschedule debt B. Get a loan from an international organization C. Default on the loan D. Any of the above
5	Perfect international capital mobility suggests that international funds will be responsive to _______ differentials.	A. Current account B. Interest rate C. Tax D. Price
6	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
7	When the S/L exchange rate rises the pounds______ and whent he S/L rate falls the pounds.	A. depreciates, appreciates B. revalues, devalues C. appreciates, deprecates D. becomes more expensive, becomes cheaper
8	When the level of income _______ there will be atendency for the trade balance to improve as imports.	A. Increases, increase B. falls, fall C. Increase, fall D. fall , increase
9	The Keynesian model is a good guide to ______ behavior and the classical model describes behavior in.	A. ^{Long run, short run} B. Flexible, imperfect markets C. Short term , long run D. Ong run, imperfect market.
10	For perfect competition ot work there must be	A. Many buyers and sellers B. A standard product C. Free entry and exit D. All of the above

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

If the government increase spending and raises taxes by just enough to finance the increase it will.

Floating exchange rates are __ in the short run

If a country has a burden of debt it cannot sustain it can.

When we refer to the hidden economy we mean unrecorded income owing to.

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.

In Nash equilibrium each player chooses the best strategy.

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

The multiplier tells us how much __________ chagnes after a shift in.

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

In the ERM, each country fixed ___ against each other ERM participant collectively the group._____ against the rest of the world.

Possible causes of involuntary unemployment are

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

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

M4 is a _________ measures of money and includes deposits at both _____________ and

If banks and the private sector decide to hold less cash the money multiplier will be.

An optimal tariff is one which reduces imports to the level at which ___ equals

Fiscal policy is weak under floating exchange rates as fiscal expansion.

A competitive equilibrium is Pareto efficient because.

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

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Topic Test

PPSC Economics Chapter 11 Test

Top Scorers Of PPSC Economics Topic 11 Assess Your Basics MCQ`s Test

Test Questions

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In the ERM, each country fixed _ against each other ERM participant collectively the group.___ against the rest of the world.

M4 is a _ measures of money and includes deposits at both _____ and