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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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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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	The key issues of macroeconomics are	A. Unemployment B. Inflation C. Economic growth D. All of the above
2	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
3	The short run marginal cost curve cuts the short run total cost curve and short run average variable cost curve.	A. At their lowest points B. When they are declining C. When they are increasing. D. When marginal revenue is zero
4	LDC's often have a comparative advantage in the production of.	A. Primary products B. Intermediate products C. Manufactured products D. Financial services.
5	The impossibility of negative gross investment provides a______ to fluctuations in.	A. Celling, stock building B. Celling, capital prices C. floor , output D. floor , the capital output ratio
6	In the classical model, potential output can not be increased by	A. Monetary growth B. Better technology C. More capital D. higher labour supply
7	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
8	For a competitive firm its short run supply curve is ________ and its long run supply curve is.	A. SMC , LMC B. SMC above SAVC, LMC above LAC C. SMC below SAVC, LMC above LAC D. SMC Below SAVC, LMC below LAC
9	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
10	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.

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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

Market some times fall to exist because of.

The increase in total cost when one more units is produced is known as.

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

Monetarists believe that a reduction in _____ can be achieved by reducing.

Real business cycle theories suggest that _____ to correct departures from the desired growth path.

If the central bank buys financial securities in the open market to increase the monetary base, this is an example of.

In the classical model, potential output can not be increased by

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

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

Top footballers land to earn more than lecturers because.

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

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

The costs of inflation are

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

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

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

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

In the neoclassical theory of growth a higher saving rate leads to.

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

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

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

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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

Test Questions

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