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
An increase labor supply would cause the IS curve to.
Question # 2
When planned saving is greater than planned investment.
Question # 3
If X becomes more expansive i relation to Y, what happens to the budget line in the X - Y space, with Y on the vertical axis.
Question # 4
The appropriate expenditure switching policy to correct a balance of payment surplus is.
Question # 5
An import function is 100+0.1 Y and exports are exogenous. If income (Y) is 500, and there is a trade deficit of 50, then exports are.
Question # 6
If the federal reserve whishes to increase the money supply, it should
Question # 7
Which of the following macro economic variables is the most seasonally pro cyclical.
Question # 8
A decrease in the effective tax rate on capital would cause the IS curve to.
Question # 9
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.
Question # 10
Which of the following changes shifts the SRAS curve up.
Question # 11
The normal interest rate minus the inflation rate is the
Question # 12
The estimated regression coefficient for good Y indicates
Question # 13
If the price level for an economy was 100 in 1984 , 115 in 1985 and 125 in 1986 the rate of inflation between 1985 and 1986 was.
Question # 14
If investors expectations concerning the future are positive and thus increase investment at every interest rate the.
Question # 15
When aggregate economic activity is declining , the economy is said to be in.
Question # 16
An increase in the number of workers hired by a firm could result from
Question # 17
The expected real interest rate minus expected inflation rate.
Question # 18
A change that increase real money demand relative to the real money supply causes.
Question # 19
A decline expected future output would cause the IS curve to.
Question # 20
An IOU of the Federal Reserve Bank of Scan Francisco to Bank of America is called.
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
When the Central Bank initiates actions which will lead to an increase in the supply of money IS -LM models tell us to expect that.
A. The interest rate will rise
B. The interest rate will decline
C. The price level will not change
D. Investment will decline
2
When plotted with the aggregate price level on the vertical axis and output on the horizontal axis, the long run aggregate supply curve.
A. slopes upward
B. Sloped downward
C. Is vertical
D. Is horizontal
3
The origin of the idea of a trae off between inflation and unemployment was a 1958 article by
A. A.W Philips
B. Edmund phelps
C. Milton Friedman
D. Robert Gordon
4
Desired national saving would increase unambiguously if there were
A. An increase in current output and expected future output
B. An increase in expected future output and government purchases
C. An increase in expected future output and the expected real interest rate
D. A fall in both government purchases and expected future output
5
An economics variable that moves in the same direction as aggregate economic activity is called.
A. Countercyclical
B. Procyclical
C. A cyclical
D. A leading variable
6
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.
A. Romaic's in balnce
B. Has a surplus
C. Has a deficit
D. None of these
7
A beneficial supply shock would cause.
A. A movement up the short run Phillips
B. a movement down the short run Phillips curve
C. The short run Phillips curve to shift upward and to the rights
D. The short run Phillips curve to shift down ward and to the left
8
The Ad, SRAS ,and LRAS curve each show a relationship between which two economic variables.
A. The aggregate price level and output
B. The aggregate price level and the interest rate
C. Output and unemployment
D. Output and the interest rate.
9
When total utility becomes maximum then marginal utility will be.
A. Minimum
B. Average
C. Zero
D. Negative
10
If the economy is in equilibrium at Rs. 180 billion and taxes are reduced by Rs.20 billion, find the new equilibrium given that this is a simple economy i.e. exogenous government spending tax collection and investment spending and a marginal propensity to consume of . .75
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