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	Efficiency wages are_______ that raise	A. Low wages , employment B. High wages, labor supply C. High wages, productivity D. High wages, employment
2	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
3	The growth rate of economics tend to converge because._________ is easier when capital per worker is low and because of_____	A. capital widening, technical innovation B. Capital widening, catch up in technology C. Capital deepening, technical innovation D. Capital deepening, catch up technology.
4	A market can accuretaly be described as	A. A place to buy things B. a place to sell things C. The process by which prices adjust to reconcile the allocation of resources D. a place where buyers and sellers meet.
5	A rise in the real exchange rate will __ the competitiveness of the domestic economy.	A. Increase B. reduce C. do nothing do D. all of these
6	Real business cycle are cycles in	A. Potential output B. Actual output C. Real output D. International trade
7	If the diagram of a line shows that lower values on the vertical scale are associated with higher values on the horizontal scale this is an example of.	A. a nonlinear relationship B. A positive linear relationship C. A scatter diagram D. A negative linear relationship
8	In a competitive industry each buyer and seller.	A. Is a price taker B. Produce different products C. Believes that can influence price D. Prevents the entry of competitors
9	Satellite television subscription and television detection devices are ways in which broadcasting companies address the _____ problem.	A. Externality B. Market imperfection C. Deadweight burden D. Free rider
10	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

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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

import substitution is the replacement of ________ by domestic production under the protection of.

A supply curve is directly affected by

The costs of inflation are

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

An increase in consumer income will increase demand for a __________ for decrease demand for a.

When investment is assumed to autonomous the slope of the AD schedule is determined by the.

International difference in opportunity costs lead to countries acquiring.

LDC's often have a comparative advantage in the production of.

GDP per head may be an imperfect measure of economic welfare because it excludes.

The Keynesian model is a good guide to ______ behavior and the classical model describes behavior in.

Women and non whiles on average receive lower comes than white men because.

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

If one country, with floating exchange states, has higher inflation than its competitors, we would expect its exchange rate to.

International specialization takes place because of.

The cost of using capital services is the

If goods are exported for less than society's marginal production cost and the marginal benefit to domestic consumers, it is likely that they benefit from.

Taxes create a wedge between the sales price and purchase price that prevents the price system equaling _________ and

Real business cycle theory suggests that __________ not important in explaining short term fluctuations around actual output.

If two firms doing the same thing in the same industry join together this is known as a.

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

Prepare Complete Set Wise PPSC Economics Topic 11 Assess Your Basics MCQs Online With Answers

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Set 3

Set 4

Set 5

Set 6

Set 7

Set 8

Set 9

Set 10

Set 11

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

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