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
If a Canadian dollar costs 0.75 in terms of U.S. dollars, how much Canadian money would an American need to spend in Canada to get a dollar's worth of U.S. value.
Question # 2
An increase in autonomous net exports
Question # 3
The expected real interest rate minus expected inflation rate.
Question # 4
Find the revenue the government collects as a result of the tax
Question # 5
When the supply of money increases.
Question # 6
The gift exchange motive suggests that
Question # 7
If the foreign interest rate is 12% while the domestic interest rate in 95 then the forward premium will be.
Question # 8
Monetary expansion can still be effective in getting out of liquidity trap if it's combined with.
Question # 9
What is the level of savings for disposable income = Rs.5,000 if dissaving's of 50 occur at a disposable income of Rs.0 and a marginal propensity to save equal to 0.257
Question # 10
Real business cycle theorists think that most business cycle fluctuations are caused by shocks to.
Question # 11
When plotted with the aggregate price level on the vertical axis and output on the horizontal axis, which of the following curves slopes downward.
Question # 12
The dynamic aggregate demand schedule shifts rightward when there is an increase in.
Question # 13
When total utility becomes maximum then marginal utility will be.
Question # 14
The hypothesis would the tested with
Question # 15
The break even level of income where C = Y is
Question # 16
O kun's Law states that for each percentage point by which the unemployment rate is above the natural rate real GNP is 3% below potential GNP, if real GNP is Rs. 3,800 billion with the actual level of unemployment at 6.05 and the natural rate of unemployment at 4.5% then according to Okun's law the GNP gap is.
Question # 17
A decline expected future output would cause the IS curve to.
Question # 18
While resources and products flow in one direction of the circular flow model what flow the other direction.
Question # 19
Which of the following is an example of a productivity shock.
Question # 20
A mathematical expression relating the amount of output produced to quantities of capital and labor utilized is the.
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
In the long run an increase in government purchases of military equipment would cause output to _________ and the aggregate price level to
A. Stay constant fall
B. fall ; fall
C. fall ; stay constant
D. stay constant ; rise
2
Which of the following will cause a monetary induced change versus a fiscal induced change in equilibrium income as determined.by IS - LM analysis.
A. A shift in the consumption function
B. A shift in government expenditures
C. A change in liquidity preference
D. A change in a government expenditures
3
Wars new inventions, harvest failures, and change sin government policy are examples of.
A. The business cycle
B. Economics models
C. Shocks
D. Opportunity costs
4
The Root Mean square Error for the actual sales and sales forecast for 1985 and 1986 is.
A. 20.2
B. 19.9
C. 14.7
D. 17.2
5
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
6
Keynesian economists think general equilibrium is not attained quickly because.
A. The real interest rate adjusts slowly
B. The level of output adjusts slowly
C. The real wage rate adjusts slowly
D. The price level adjusts quickly
7
Which of the following macro economic variables doesn't vary much ove the seasons.
A. The nominal money stock
B. The unemployment rate
C. The real wage
D. Average labor productivity
8
An increase in investment leads to an increase in income and consumer spending, which in turn leads to a further increase in investment spending This is example of.
A. The expenditure multiplier
B. Explosive gowth
C. Hyperinflation
D. Interaction of multiplier and accelerator
9
If the sampi is accepted as coming from a universe with a mean of Rs.500 or greater when if doesn't.
A. A Type II error is made
B. A type I error is mad
C. The alternative hypothesis is correct.
D. A and C are correct
10
A temporary adverse productivity shock would.
A. Shift the labor supply curve upward
B. Decrease the level of employment
C. Decrease future income
D. Decrease the expected future marginal product of capital
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