PPSC Economics Topic 11 MCQS Test Preparation

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MCQ's Test For PPSC Economics Topic 11 Assess Your Basics

Try The MCQ's Test For PPSC Economics Topic 11 Assess Your Basics

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PPSC Economics Topic 11 Assess Your Basics

00:00
Question # 1

On a graph a positive linear relation ship.

Question # 2

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

Question # 3

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

Question # 4

The multiplier accelerator model assumes _______ depends on.

Question # 5

Perfect international capital mobility suggests that international funds will be responsive to _______ differentials.

Question # 6

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

Question # 7

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

Question # 8

A fall in investment demand can result from

Question # 9

Leakages from the circular flow are____ and _____

Question # 10

The allocation of resources is not efficient it

Question # 11

Economic growth may depend upon __________ and_________

Question # 12

If a price increase of good A increases the quantity demanded of good B, then good B is a.

Question # 13

Micro economics is conceded with

Question # 14

Under floating exchange rates, expectations of higher interest rates are likely to cause an __________ of the exchange rate.

Question # 15

Real GNP measures income

Question # 16

Skilled labour is relatively scarce because.

Question # 17

A supply curve is directly affected by

Question # 18

During periods of rising inflation and rising interest rates we expect the demand for real cash to.

Question # 19

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 # 20

Macro economics is the study of.

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Economics
11th Chapter

PPSC Economics Chapter 11 Test

Here you can prepare PPSC Economics Chapter 11 (Assess Your Basics) Test. Click the button for 100% free full practice test.

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PPSC Economics Chapter 11 Important MCQ's

Sr.# Question Answer
1 The extra utility from consuming one more unit of a good is called.
A. Marginal utility
B. Additional utility
C. surplus utility
D. Bonus utility
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 On a graph a positive linear relation ship.
A. Moves down to the right
B. Moves up to the left
C. Moves up to the right
D. Modes down to the left
4 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
5 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
6 During periods of rising inflation and rising interest rates we expect the demand for real cash to.
A. rise
B. fall
C. not change
D. fluctuate
7 The equilibrium price clears the market it is the price at which.
A. Everything is sold
B. Buyers spend all their money
C. Excess demand is zero
D. c and d
8 Within circular flow of income, an increase in domestic income iwll lend to increase.
A. Exports
B. Taxes
C. Inventories
D. Imports
9 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
10 Starting from a balanced budget, for a given tax rate an increase in income will cause the government budget to.
A. Move into surplus
B. Move into deficit
C. Remain unchanged
D. None of these

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