PPSC Economics Topic 3 Macro Economics

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	The value of real GDP in the current year equals.	A. The value of current year output in prices of the base year B. The value of current year output in pries of the current year C. The value of base year output in prices of the base year D. The value of base year output in prices of the current year
2	The risk free rate of interest would not be affected by.	A. Changes in real output B. Change in the money supply C. Term to maturity D. None of the above
3	Peaks and trough of the business cycle are known collectively as.	A. Volatility B. Turning points C. Equilibrium point D. Real business cycle events
4	The aggregate supply of labor is the	A. Total amount of time a person works over his or her lifetime B. Total amount of time a person spend in the labor force over his or her life time C. Unemployment rate D. Sum of the labor supplied by everyone in the economy
5	Given the saving equation S = - 50 + 0, 20 Y, where s is saving and Y is income.	A. The break even level of income is 240 B. Dissaving takes place if income is 300 C. Consumption expenditures and saving are equal at an income level of 500 D. The MPS is constant for all levels of income
6	When equilibrium in the money and goods markets occurs at a rate of interest below the BP schedule internal and external equilibrium for the United States can he achieved by.	A. Expanding the U.S. money supply B. Increasing government spending C. Increasing taxes D. Lowering interest rates in the united states.
7	Suppose there is full employment and positively sloped aggregate supply schedule A decrees in taxes increases.	A. The price level and real output B. the prie level but has no effect on real output C. Real output but has no effect on the price level D. The nominal and real wage
8	The long term demand for real money balance will rise when	A. the income elasticity of the demand for money is less than unity. B. There is a long term increase in the price level C. There is a relative increase in the stock of government securities. D. Long term market interest rates are falling.
9	The aggregate demand curve shows the combinations of output and the price level that put the economy on.	A. The FE line and the IS curve B. The FE line The IS curve and the LM curve C. The IS curve D. The IS curve and the LM curve
10	When GNP is Rs.500 billion and consumption expenditures are Rs.300 billion.	A. the MPC is 6 B. The MPS is 4 C. The Multiplier is 2.5 D. None of the above

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PPSC Economics Topic 3 MCQS Test Preparation

MCQ's Test For PPSC Economics Topic 3 Macro Economics

PPSC Economics Topic 3 Macro Economics

When a British pound equals Rs. 1.60 and the French France equals Rs. 0.40 the ability to earn infinite profit if it were not the case, implies that the exchange rate would be.

Which of the following macro economic variables is the most seasonally pro cyclical.

The impact of contractionary fiscal policy, according to new classical theory is that.

The Laffer curve depicts

An increase in the expected future marginal product of capital would cause the IS curve to.

The idea that the natural rate of unemployment rises when the acual rate of unemployment rise is known s.

Given a proportional income tax and a government budget that is currently in balance, an increase in autonomous investment , caters parabasal increases equilibrium income and the budget.

The reason that only final sales are counted in GDP is

When a person received an increase in wealth, what is likely to happen to consumption and saving.

A mathematical expression relating the amount of output produced to quantities of capital and labor utilized is the

After a temporary beneficial supply shock hits the economy general equilibrium is restored by

Which of the following will not result in an increase in the level of income.

In the long run an increase in government purchases of military equipment would cause output to _________ and the aggregate price level to

Economic planning by enteral government agencies is primarily associated with

The break even level of income where C = Y is

Which of the following represents monetary policy geared to increases the supply of money.

Fiscal policy output to change demand for output is.

The long term demand for real money balance will rise when

The valued of expenditure multiplier relates.

An expansionary supply side shock results in.

Prepare Complete Set Wise PPSC Economics Topic 3 Macro Economics MCQs Online With Answers

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Set 17

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

PPSC Economics Chapter 3 Important MCQ's

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