ppsc Economics lecturer solved mcqs

PPSC Lecturer Economics Test 6 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 6
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 Practice Test 6

1 / 25

Economic growth is Illustrated as:

Production Possibilities Frontier shifts inwards

Production Possibilities Frontier shifts outwards

Movement from inside the curve towards the curve

Movement along the production possibilities Frontier towards capital goods

2 / 25

Which of these books represents the scheme of Plato’s Philosophy?

The Republic

The Laws

None of these

The Politics

3 / 25

The fundamental economic problem is:

Scarcity

Inflation

Poverty

Unemployment

4 / 25

Ceteris paribus means:

That no other assumptions are made

Other things equal

All variables are independent

All relationships are inverse

5 / 25

According to cardinal approach of consumer behavior, Consumer is:

Irrational

None of the above

Rational

Varies person to person

6 / 25

A positive statement:

Cannot be tested in the real world

is always accurate

Deals with values and opinions

Concerns "What is"

7 / 25

Which of the following is considered as a factor of production?

Labor

Traders

Unskilled Labor

Land

8 / 25

Basic economic problem is:

Unemployment

Inflation

Poverty

Scarcity

9 / 25

"The Wealth of Nations" was published in:

1876

1976

1676

1776

10 / 25

Total utility increases at ……………rate:

Constant

Increasing

Varies with time and situation

Decreasing

11 / 25

The term capitalism refers the:

Use of markets

State and Private ownership of capital goods

State ownership of capital goods

Private ownership of capital goods

12 / 25

Points on the Production Possibilities Frontier are:

Inefficient

Efficient

None of the above

Unattainable

13 / 25

Microeconomics is related to:

the household purchase decisions

the whole economy

None of the above

the individual economic behavior

14 / 25

Short run is the time period in which:

None of the above

Variable factors of production can change

All factors of production are fixed

All factors of production can change

15 / 25

Long run is a period in which:

Capital cannot be changed

Labor cannot be changed

only one factor of production is fixed

All factors of production can change

16 / 25

Scarcity exists:

When society produce unimportant or silly goods

In a country that uses resources inefficiently

In all countries of the world

In only poor countries

17 / 25

The author of the book "The Wealth of Nations" is:

Alfred Marshall

Adam Smith

J.M Keynes

David Ricardo

18 / 25

Microeconomics concentrates:

On inflation

International economic prelateship

Economic development of Pakistan

Individual economic units

19 / 25

Normative economics:

Deals solely with the facts

Is never studied in colleges

involves opinions and interpretations

Is clearly preferable to positive economics

20 / 25

Economies of scale represents the:

Falling average cost

Positive average cost

Constant average cost

Rising average cost

21 / 25

In economics, assumptions:

Used in micro and not in macroeconomics

Enable economist to simplify reality

Mean other things equal

Make economic theory useless

22 / 25

When total utility increases at decreasing rate, Marginal Utility:

Decreases

Increases

Varies with time and situation

remains constant

23 / 25

The opportunity cost of a good refers the:

the others goods sacrificed to get another unit of that good

the expenditure on a good

Loss of interest in using savings

the time lost in finding it

24 / 25

Which group shows the basic factors of production?

Land, Management Skills, Capital, Technology

Land, Labor, Capital, Technology

Land, Labor, Natural Resources, Capital

Land, Labor, Capital, Enterprise

25 / 25

In cardinal approach of consumer behavior marginal utility of money is:

decreasing

Varies with time and situation

constant

increasing

Your score is

The average score is 0%

Useful Links:-

PPSC Lecturer Psychology Online Tests and Past Papers

PPSC Lecturer Physical Education Online Tests and Past Papers

PPSC Lecturer English Online Tests and Past Papers

PPSC Lecturer Pak Studies Online Tests and Past papers

PPSC Lecturer Computer Science Online Tests and Past Papers

PPSC Lecturer History Online Tests and Past Papers

PPSC Lecturer Islamiat Online Tests and Past Papers

PPSC Lecturer Political Science Tests and Past Papers

PPSC Lecturer Zoology Online Tests and Past Papers

PPSC Lecturer Urdu Online Tests and Past Papers

PPSC Lecturer Chemistry Online Tests and Past Papers

PPSC Lecturer Physics Online Tests and Past Papers

PPSC Lecturer Education Online Tests and Past papers

PPSC Lecturer Economics Test 6 Online Preparation MCQs Read More »