PPSC Lecturer Economics Test 1 Online Preparation MCQs

Given below on this Website Online Free Taleem is free online MCQ’s test related to PPSC of Lecturer Economics. All the individuals who are going to appear in PPSC Lecturer of Economics written test can attempt these tests in order to prepare for it in best possible way. Our tests include all the important questions MCQs of Lecturer of PPSC Economics, all Past Papers of Lecturer of Economics PPSC  that have extremely high amount of chances for been included in the actual exam which make our test undoubtedly the best source of preparation.

Note:-

There will be 25 multiple choice question in the test.
Answer of the questions will change randomly each time you start this test.
Practice this test at least 5 times if you want to secure High Marks.
At the End of the Test you can see your Test score and Rating.
If you found any incorrect answer in Quiz. Simply click on the quiz title and comment below on that MCQ. So that I can update the incorrect answer on time.

Please Click Below START  Button to Take this Lecturer Economics Test Online.

Test Instructions:-
Test Name Lecturer Economics 
Subject Economics Test 1
Test Type MCQs
Total Questions 25
Total Time 20 Minutes
Total Marks 100
0%

You have 20 minutes to pass to the quiz.


PPSC Lecturer of Economics Practice Test 1

1 / 25

We measure national income by this method:

2 / 25

"Capitalism" refers to:

3 / 25

The price elasticity of demand is the:

4 / 25

Choose the correct one:

5 / 25

Economics problems arise because of:

6 / 25

The four factor payment are:

7 / 25

There are three fundamental questions every society must answer. Which of the following is/are one of these questions?

8 / 25

Which statement is true:

9 / 25

GNP is always:

10 / 25

Economics laws are:

11 / 25

Transfer payment means:

12 / 25

Community Colleges desired to increase revenues. They decided to raise fees paid by students with Bachelors degrees to $50 per unit because they believed this would result in greater revenues. But in reality, total revenues fell. Therefore, the demand for Community College courses by people with Bachelors degrees must have actually been:

13 / 25

. The fundamental economic problem faced by all societies is:

14 / 25

Which statement is true? (Only one answer is true):

15 / 25

You have taken this quiz and received a grade of 3 out of a possible 10 points (F). You are allowed to take a second version of this quiz. If you score 7 or more, you can raise your score to a 7 (C). You will need to study for the second version. In making a rational decision as to whether or not to retake the test, you should:

16 / 25

The bowed shape of the production possibilities curve illustrates:

17 / 25

The demand for a product would be more inelastic:

18 / 25

The law of demand states that:

19 / 25

Which statement relates to macroeconomics?

20 / 25

Economics is a science:

21 / 25

Economics laws are:

22 / 25

If we compare GDP and GNP, then:

23 / 25

If you were working full-time now, you could earn $20,000 per year. Instead, you are working part-time while going to school. In your current part-time job, you earn $5,000 per year. At your school, the annual cost of tuition, books, and other fees is $2,000. The opportunity cost of completing your education is:

24 / 25

To determine the correct level of GNP, it is necessary to:

25 / 25

He described economics as science of material:

Your score is

The average score is 34%

0%

 

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