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	Economics assumes that people consume goods and services to achieve.	A. Status B. Prestige C. Utility D. Self esteem
2	Bank create money by	A. Printing it B. Issuing debit cards C. Accepting chequeens D. Lending out part of their deposits
3	If desired spending in the economy exceeds income we would expect.	A. House hold to save more B. Firm to produce less C. Firms is produce more D. the MPC to change
4	In a free market	A. Government intervene B. Government plan production C. Government interfere D. Price adjust to reconcile scarcity and desires.
5	Under floating exchange rates, expectations of higher interest rates are likely to cause an __________ of the exchange rate.	A. Depreciation B. Appreciation C. fall D. Devaluation
6	When a market is contestable , incumbent firms must.________ to avoid the entry of new competitors.	A. Behave like competitive firms B. Agree to act together C. Differentiate their products D. Practice price discrimination
7	Aggregate demand without a foreign sector is the sum of.	A. c+1 B. C+G C. 1+G D. C+!+G
8	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
9	the Maastricht criteria for entry to the EMU are that applicants should have	A. Low inflation B. Low interest rates C. Stable nominal exchange rate D. All of the above
10	The opportunity cost of acquiring education is.	A. Course fees B. Course fees and living expenses C. The earning foregone D. Course fees, living expenses and textbooks

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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

Polices to reduce unemployment by reducing union power tax cut reduction is unemployment benefit and investment. subsidies are examples of.

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

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

The business cycle describes fluctuations in output around the.

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

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

The multiplier accelerator model assumes _______ depends on.

Economics assumes that people consume goods and services to achieve.

Economic growth may depend upon __________ and_________

In Nash equilibrium each player chooses the best strategy.

A production technique is technically efficient if.

At the intersection of AD and AS equilibrium is achieved in.

An advocate of the classical model of the economy would claim that unemployment a created when the ___________ is above its equilibrium level in the.

The neoclassical theory of growth identities the steady state rate of growth as the _________ just sufficient to keep _______ constant while labour grows.

Aggregate demand without a foreign sector is the sum of.

Output fell sharply in the transition economies because.

If desired spending in the economy exceeds income we would expect.

In the UK under a _________ of the labour force belong to a trade union.

Perfect price discrimination means that every customer.

If your income doubles and the prices of the goods you buy double, then your demand for these goods will likely

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

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

Economic growth may depend upon __ and_

The neoclassical theory of growth identities the steady state rate of growth as the ___ just sufficient to keep _ constant while labour grows.