PPSC Lecturer Economics Test 12 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.

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Test Instructions:-
Test NameLecturer Economics 
SubjectEconomics Test 12
Test TypeMCQs
Total Questions25
Total Time20 Minutes
Total Marks100
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You have 20 minutes to pass to the quiz.

You have 20 minutes to pass to the quiz.


PPSC Lecturer of Economics Test 12

1 / 25

Capital, as economists use the term:

2 / 25

Suppose the demand for good Z goes up when the price of good Y goes down. We can say that goods Z and Y are:

3 / 25

What effect is working when the price of a good falls and consumers tend to buy it instead of other goods?

4 / 25

What lies is at the heart of the allocation of goods and services in a free-market economy?

5 / 25

The price of computer chips used in the manufacture of personal computers has fallen. This will lead to ..................... personal computers:

6 / 25

Demand curves in P-Q space are derived while holding constant:

7 / 25

The phrase 'ceteris paribus' is best expressed as:

8 / 25

Laborator y (or controlled) experiments cannot be performed in economics because:

9 / 25

Which of the following will NOT cause a shift in the demand curve for compact discs?

10 / 25

The process by which resources are transformed into useful forms is:

11 / 25

Which of the following is not a resource as the term is used by economists?

12 / 25

If the demand for coffee decreases as income decreases, coffee is:

13 / 25

A graph showing all the combinations of goods and services that can be produced if all of society's resources are used efficiently is a:

14 / 25

The concept of “interdependence of markets” can refer to the interdependence between:

15 / 25

Which of the following is consistent with the law of supply?

16 / 25

Positive statements are:

17 / 25

The PPF can be used to illustrate:

18 / 25

The quantity demanded (Qd) of a soft drink brand A has decreased. This could be because:

19 / 25

Periods of “less than full employment” of resources correspond to:

20 / 25

The 'law of demand' implies that:

21 / 25

The concept of choice would become irrelevant if:

22 / 25

When there is excess demand in an unregulated market, there is a tendency for:

23 / 25

Opportunity cost, most broadly define, is:

24 / 25

The former Soviet Union was an example of:

25 / 25

Rational choice or rational decision-making involves:

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