Are you getting prepared for the PPSC economics test to appear for the upcoming positions? Well, you are offered the best wishes for your attempt. However, at the same time, the team of Ilmkidunya invites all the candidates to get a better solution for PPSC examination preparation. Students can find sample PPSC online tests. These tests will make the students able to know the exact paper pattern and also help them to sort out the important questions according to examination. Here on this page, the test of Topic 3, Macroeconomics is offered. However, students can also attempt the tests of other Topic through separate sections and pages.
MCQ's Test For PPSC Economics Topic 3 Macro Economics
Try The MCQ's Test For PPSC Economics Topic 3 Macro Economics
When investment spending is negatively related to the rate of interest, equilibrium income in the goods market.
Question # 3
An IOU of the Federal Reserve Bank of Scan Francisco to Bank of America is called.
Question # 4
In long run a reduction in labor supply would cause output to __ and the aggregate price level to.
Question # 5
According to the life cycle hypothesis consumption is related to.
Question # 6
When aggregate economic activity increasing the economy is said to be in.
Question # 7
A temporary decrease in government purchases would cause.
Question # 8
The measured of GDP includes
Question # 9
The fact that the Production function relating output to capital becomes flatter as we move from left to right means that.
Question # 10
The costs of disinflation would be low if
Question # 11
Suppose your company is in equilibrium will its capital stock at its desired level A permanent increase in the depreciation rate now has what effect on your desired capital stock. i
Question # 12
The main cause of cyclical unemployment is that.
Question # 13
The valued of expenditure multiplier relates.
Question # 14
If GNP = 1,000 billion and the money supply is 330 billion , then the velocity of money is.
Question # 15
Which of the following changes shifts the SRAS curve up.
Question # 16
The yield curve shows
Question # 17
What adjusts to restore general equilibrium after a shock to the economy.
Question # 18
The long run Phillips curve is
Question # 19
The MPS = 0.4 and government spending increases by 20 billion. The LM curve
Question # 20
Given the IS equation Y = Ke a - Ke Bn the IS slope decreases when
Top Scorers Of PPSC Economics Topic 3 Macro Economics MCQ`s Test
F
Faiza Shehzad21 - Aug - 2022
16 Min 07 Sec
20/20
S
Shiza Amir25 - May - 2022
02 Min 01 Sec
19/20
A
Amjad Ali07 - Jun - 2023
07 Min 07 Sec
13/20
M
Mazhar Shahzad20 - Aug - 2022
13 Min 02 Sec
13/20
A
Ayyaz Ahmad04 - Jun - 2024
02 Min 59 Sec
12/20
K
Kiran Naeem13 - May - 2023
03 Min 39 Sec
11/20
Y
Yasir Zada29 - May - 2022
08 Min 09 Sec
11/20
S
Shama Suleman21 - May - 2022
09 Min 36 Sec
11/20
I
ilham wahid01 - Jul - 2024
04 Min 33 Sec
10/20
T
Tahir Nawaz11 - Jan - 2024
09 Min 44 Sec
10/20
M
Mahnoor NaSir24 - May - 2022
12 Min 00 Sec
10/20
D
DJ DJ19 - Aug - 2022
12 Min 42 Sec
10/20
S
sidra Naeem22 - May - 2022
14 Min 25 Sec
10/20
Z
zaheer hussain16 - Jan - 2024
16 Min 32 Sec
10/20
A
Atiq Ur Rahman16 - Jun - 2023
19 Min 23 Sec
10/20
PPSC
Economics
Chapter 3
Important MCQ's
Sr.#
Question
Answer
1
A group of modern economists who believe that price and wage rigidities do not provide the only rationale for macroeconomic policy activism are called.
A. New Keynesians
B. Keynesians
C. Monetarists
D. The Classical shool
2
For interior commodities income effect is.
A. Zero
B. Negative
C. Infinite
D. Positive
3
An increase in wealth that doesn't affect labor supply would cause the IS curve to _________ and the FE line to ____________
A. Shift down and to the left be unchanged
B. Shift down and to the left shift left
C. Shift up and to the right be unchanged
D. Shift up and to the right shift left
4
The equilibrium level of Y and I derived from the LM and IS equations above is.
A. Y = 130 and I = 10%
B. Y = 200 and I = 30%
C. Y = 180 and I = 7%
D. Y = 250 and I = 2%
5
All of the following are obstacles to international economic policy coordination except.
A. Different national objectives are institutions
B. Different national political climates
C. Different phases in the business cycle
D. Different national currencies.
6
The fact that the Production function relating output to capital becomes flatter as we move from left to right means that.
A. The marginal product of labor is positive
B. The marginal product of capital is positive
C. There is diminishing marginal productivity of labor
D. There is diminishing marginal productivity of capital
7
Which of the following represents monetary policy geared to increases the supply of money.
A. The purchase of bonds by the Federal Reserve Bank
B. The sale of bonds by the Central Bank
C. An increase in reserve requirement
D. A decrease in taxes
8
Real business cycle theorists think that most business cycle fluctuations are caused by shocks to.
A. The production function
B. The size of the labor force
C. The real quantity of government purchases
D. The spending and saving decisions of consumers
9
In the short run in the Keynesian model a sharp increase in oil prices would leave the economy with a ____ level of output and a ______ real interest rate.
A. Higher ; lower
B. Lower ; Higher
C. Higher ; higher
10
In the Keynesian model in the long run an increase in the money supply will raise
A. The price level but not the level of output
B. The level of output but not the price level
C. Both the level of output and the price level
D. Neither the level of output nor the price level
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