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PPSC Economics Chapter 11 Assess Your Basics
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Total Questions20
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Time Allowed20
PPSC Economics Chapter 11 Assess Your Basics
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Question # 1
If the central bank buys financial securities in the open market to increase the monetary base, this is an example of.
Question # 2
The quantity theory of money says that changes in ______ lead to equivalent changes in ______ but have no effect on.
Question # 3
Economics assumes that people consume goods and services to achieve.
Question # 4
A firm that breaks even after all economic costs are paid is earning.
Question # 5
In linear consumption function with a positive slope less that on means that if income increase, consumption will.
Question # 6
Extremality's arise because there is a divergence between ____ and _
Question # 7
Marginal revenue is the ________ when output is.
Question # 8
All of the following are types of imperfect competition except
Question # 9
An advocate of the classical model of the economy would claim that unemployment a created when the ___________ is above its equilibrium level in the.
Question # 10
import substitution is the replacement of ________ by domestic production under the protection of.
Question # 11
All of the following are benefits of the single market except.
Question # 12
An allocation is Pareto efficient if no reallocation of resources would make some people_______ whiteout making others
Question # 13
Economic growth may depend upon __________ and_________
Question # 14
A current account deficit means that a country may.
Question # 15
A competitive equilibrium is Pareto efficient because.
Question # 16
Holding all factors constant except one and increasing a variable factor is expected to lead to steadily decreasing marginal product of the factor this is an example of.
Question # 17
A monopoly may be self perpetuating because profits may be used for
Question # 18
The short run marginal cost curve cuts the short run total cost curve and short run average variable cost curve.
Question # 19
All of the following are type of monetary policy except
Question # 20
The opportunity cost of acquiring education is.
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Biology Chapter 1 - Answers Mode
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Biology Chapter 1 MCQ - PDF
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Download PDF with answers to study online or offline. The PDF cotnains all MCQ questions with answers for Class 10 Biology Chapter 1 - Acids and Liquids. Total questions are 12.