PPSC Economics Topic 3 Macro Economics

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.

Top Scorers Of PPSC Economics Topic 3 Macro Economics MCQ`s Test

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Faiza Shehzad 21 - Aug - 2022 16 Min 07 Sec 20/20
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Shiza Amir 25 - May - 2022 02 Min 01 Sec 19/20
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Amjad Ali 07 - Jun - 2023 07 Min 07 Sec 13/20
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Mazhar Shahzad 20 - Aug - 2022 13 Min 02 Sec 13/20
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Ayyaz Ahmad 04 - Jun - 2024 02 Min 59 Sec 12/20
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Kiran Naeem 13 - May - 2023 03 Min 39 Sec 11/20
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Yasir Zada 29 - May - 2022 08 Min 09 Sec 11/20
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Shama Suleman 21 - May - 2022 09 Min 36 Sec 11/20
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ilham wahid 01 - Jul - 2024 04 Min 33 Sec 10/20
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Tahir Nawaz 11 - Jan - 2024 09 Min 44 Sec 10/20
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Mahnoor NaSir 24 - May - 2022 12 Min 00 Sec 10/20
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DJ DJ 19 - Aug - 2022 12 Min 42 Sec 10/20
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sidra Naeem 22 - May - 2022 14 Min 25 Sec 10/20
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zaheer hussain 16 - Jan - 2024 16 Min 32 Sec 10/20
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Atiq Ur Rahman 16 - Jun - 2023 19 Min 23 Sec 10/20

PPSC Economics Chapter 3 Important MCQ's

Sr.#	Question	Answer
1	According to Keynesians the primary source of business cycle fluctuation is.	A. Aggregate demand shocks B. Productivity shocks C. Oil price shocks D. Consumer confidence shocks
2	The equation for the IS curve is.	A. Y = 55 - 50 i B. Y = 175 - 75 i C. Y = 300 - 100 i D. Y = 275 - 25 i
3	The key difference between classical and Keynesian macro economist is their differing beliefs about.	A. The slope of the aggregate demand curve B. The speed at which prices adjust C. The natural rate of unemployment D. The full employment level of output
4	Over a two year period your income has increased 10% At the same time the consumer price index has increased 205 Your real purchasing power is.	A. 92% of the original value B. 50% of its original value C. Not affected by the price change D. 109% of its original value
5	If the quantity of money demands is less than the quantity of money supplied then the interest rate will.	A. Either increases or decrease, depending on the amount of excess demand. B. Increase C. Decrease D. not change
6	For a borrower an increase in the real interest rate will lead to.	A. Higher current consumption and less borrowing B. Higher current consumption and less saving C. Lower current consumption and less borrowing D. Lower current consumption and less saving
7	Ahmed uses dummy variables in order to determine the monthly seasonal effect in her regression model. The number of dummy variables used will be.	A. 5 B. 11 C. 12 D. 1
8	Using the Keynesian model , the effect of a decrease in the effective tax rate on capital would be to cause_____ in the real interest rate and __ in output in the long run.	A. An increase ; no change B. A decrease ; no change C. An increase ; an increase D. No change ; a decrease
9	When an increase in government spending is matched by an equal decrease in government transfers, the income level will.	A. Stay the same B. Increase C. Decrease D. All of the above
10	A situation in which expansionary in monetary policy has no effect on the economy is known as.	A. Macro economic stabilization B. A liquidity trap C. A depression D. Capital flight

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PPSC Economics Topic 3 MCQS Test Preparation

MCQ's Test For PPSC Economics Topic 3 Macro Economics