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
Where there is an equal increase in net tax revenue and government spending, ceteris paribus.
Question # 2
A rise in the price of bond causes the yield of the bond to.
Question # 3
The econometric problem of errors in variables leads to
Question # 4
The reduction of the inflation rate is called
Question # 5
An economic variable that moves in the opposite direction as aggregate economic activity up in is called.
Question # 6
Which of the following changes shifts the SRAS curve up.
Question # 7
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 # 8
An increase labor supply would cause the IS curve to.
Question # 9
Keynes considered subjective and objective factors.
Question # 10
Fiscal policy output to change demand for output is.
Question # 11
When planned consumption equals Rs. 40 + 0.90 Yd and planned investment is Rs.50, the equilibrium level of income is.
Question # 12
Ahmed regression model yields a Durbin Watson d statistic whose value is 0.002. The results indicate.
Question # 13
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.
Question # 14
Economists use the phrase ceteris paribus to express the assumption.
Question # 15
Which of the following is a NOT component of M-2.
Question # 16
The long run Phillips curve is
Question # 17
Which of the following is not a category of consumption spending in the national income accounts.
Question # 18
The equilibrium level of Y and I derived from the LM and IS equations above is.
Question # 19
The use of micro economics policies to smooth or moderate the business cycle is known as.
Question # 20
An economics variable that moves in the same direction as aggregate economic activity 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
From a Keynesian perspective business investment will de cline as a result of.
A. A fall in the interest rate
B. A decrease in business taxes
C. A decline in business expectations
D. Acceleration of business depreciation
2
The philippic curve is the relation between inflation and unemployment that hold for a given natural rate of unemployment. and a
A. Given rate of inflation
B. Given expected rate on inflation
C. Given level of unemployment
D. Given expected level of unemployment
3
The long run aggregate supply curve
A. Is vertical
B. slopes upward
C. Is horizontal
D. Slopes downward
4
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
5
The nominal interest rate minus the inflation rate is the
A. Depreciation rate
B. Discount rate
C. Forward rate
D. Real interest rate
6
The low point in the business cycle is referred to as the
A. Expansion
B. Boom
C. Trough
D. Peak
7
Characteristics of economic laws are
A. Mere statement of economic tenduencies
B. Less certain
C. Hypothetical
D. All of the above
8
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
A. Raises it because the future marginal productivity of capital is higher
B. Lowers it because the future marginal productivity of capital is lower
C. Raises it because the user cost of capital is now lower
D. Lowers it beacause the user cost of capital is now higher
9
The term household production refers to
A. Output produced by forcing children to work
B. Output produced by workers who are telecommuting
C. Services provided directly to households such as lawn mowing by landscape companies.
D. Output produced at home
10
In a model in which there is no government new investment capital replacement or international trade the market value of final output equals.
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