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.


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 Name Lecturer Economics 
Subject Economics Test 12
Test Type MCQs
Total Questions 25
Total Time 20 Minutes
Total Marks 100

You have 20 minutes to pass to the quiz.

PPSC Lecturer of Economics Test 12

1 / 25

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

2 / 25

The 'law of demand' implies that:

3 / 25

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

4 / 25

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

5 / 25

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

6 / 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:

7 / 25

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

8 / 25

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

9 / 25

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

10 / 25

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

11 / 25

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

12 / 25

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

13 / 25

The former Soviet Union was an example of:

14 / 25

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

15 / 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:

16 / 25

Rational choice or rational decision-making involves:

17 / 25

The phrase 'ceteris paribus' is best expressed as:

18 / 25

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

19 / 25

Opportunity cost, most broadly define, is:

20 / 25

The concept of choice would become irrelevant if:

21 / 25

The PPF can be used to illustrate:

22 / 25

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

23 / 25

Capital, as economists use the term:

24 / 25

Positive statements are:

25 / 25

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

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