PPSC Economics Topic 11 MCQS Test Preparation

Have you decided to apply and appear for the PPSC test this year but are worried about your preparation? You are advised that do not to be worried at all. This is because here you can find the complete solution to your preparation. Here you can find the PPSC online tests. Once after attempting these tests you can take the complete idea that what types of questions the examiners can ask from you and how to attempt the paper under the given timeframe. You can get the PPSC online sample test consist of 20 MCQs that you can cover in 20 minutes.

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

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

  • Total Questions20

  • Time Allowed20

Start Test Download PDF

PPSC Economics Topic 11 Assess Your Basics

00:00
Question # 1

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

Question # 2

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

Question # 3

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

Question # 4

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

Question # 5

A dominant strategy is.

Question # 6

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

Question # 7

A competitive equilibrium is Pareto efficient because.

Question # 8

The multiplier is calculated as.

Question # 9

If both Marginal cost and marginal revenue increase, a firm.

Question # 10

Injection into the circular flow are _________ and _______

Question # 11

All of the following are type of monetary policy except

Question # 12

Potential output can be increased by _________ or by_________

Question # 13

Expansionary fiscal policy in the classical model will cause aggregate demand to ______ potential output.

Question # 14

The long run Philips curve is _________ at the ______

Question # 15

Short run average total costs are equal to the sum of _______ and______

Question # 16

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

Question # 17

In the UK in recent years, union membership has ______ and days of work lost because of strikes has.

Question # 18

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

Question # 19

A production technique is technically efficient if.

Question # 20

Perfect price discrimination means that every customer.

Submit

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


Topic Test

00:00
Submit
 
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.

Start Chapter 11 Test

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

  • T
    Tayyeba 03 - Dec - 2021 12 Min 05 Sec 16/20
  • A
    Amjad Ali 09 - Jun - 2023 07 Min 36 Sec 14/20
  • R
    romana 28 - Jun - 2021 03 Min 45 Sec 13/20
  • A
    Abdul Qayyum 26 - May - 2024 06 Min 48 Sec 13/20
  • S
    Shama Suleman 22 - May - 2022 07 Min 15 Sec 13/20
  • M
    Mona Bajwa 23 - May - 2022 07 Min 39 Sec 12/20
  • A
    Abdul subhan 02 - Jul - 2021 07 Min 28 Sec 11/20
  • M
    Murtaza Gillani 13 - Jul - 2024 07 Min 48 Sec 11/20
  • H
    Hamza 23 - Aug - 2021 10 Min 10 Sec 10/20
  • A
    Aleeza Aslam 15 - Nov - 2022 03 Min 52 Sec 9/20
  • A
    Ayesha siddiqa 08 - Jun - 2021 12 Min 06 Sec 8/20
  • H
    huma 30 - Jun - 2021 12 Min 23 Sec 8/20
  • S
    savera 03 - Jul - 2021 04 Min 58 Sec 6/20
  • A
    Abdul Basit 26 - May - 2022 05 Min 13 Sec 6/20
  • A
    abuzar 02 - Aug - 2023 08 Min 12 Sec 6/20

PPSC Economics Chapter 11 Important MCQ's

Sr.# Question Answer
1 The most important source of wage differentiate are.
A. Reginal variation
B. Unionization
C. Relative danger
D. Skills
2 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.
3 Aggregate demand without a foreign sector is the sum of.
A. c+1
B. C+G
C. 1+G
D. C+!+G
4 Perfect price discrimination means that every customer.
A. Buys the same amount
B. Pays the same price
C. Pays what she thinks the product is worth
D. Contributes the same revenue.
5 GDP per head may be an imperfect measure of economic welfare because it excludes.
A. The value of leisure
B. Externalities
C. Untraded goods
D. All of the above
6 All of the following are benefits of the single market except.
A. It allows countries to exploit their comparative advantage, more fully
B. Firms could more readily exploit economies of scale
C. It intensified competition
D. It is easier book holidays in member countries.
7 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
8 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
9 A fall in investment demand can result from
A. Higher interest rates
B. Lower expected future profits
C. More expensive capital goods
D. All of the above
10 The short run Philips curve can shift in response to changes in
A. inflationary expectations
B. Unemployment
C. The inflation rate
D. Wage rates

Test Questions