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
The origin of the idea of a trae off between inflation and unemployment was a 1958 article by
Question # 3
Suppose the government provides a tax cut today that is matched by a tax increase in the future that's equal in present value to the tax cut This causes a consumer's saving to.
Question # 4
In the Keynesian model in the long run a decrease in the money supply will cause ___ in the interest rate and _____ in the price level.
Question # 5
If personal income equals Rs.570 white personal income takes equal Rs.90 consumption is Rs.430. interest payments total Rs. 10 and personal saving is Rs. 40, disposable income equals.
Question # 6
In the long run, an increase in productivity would cause output to _________ and the aggregate price level to
Question # 7
When the economy goes into are cession there's an increase in.
Question # 8
Which of the following macro economic variables is procyclical and coincident with the business cycle.
Question # 9
Ahmed uses dummy variables in order to determine the monthly seasonal effect in her regression model. The number of dummy variables used will be.
Question # 10
In which of the following situations will an increase in the money supply have no effect upon equilibrium income.
Question # 11
Based on the data above , the increase in potential MI would be
Question # 12
Which of the following results in an increase in the value of the dollar.
Question # 13
A disadvantage of chain weighting is that
Question # 14
A nation experience external balance if it achieves.
Question # 15
The three main components of the aggregate demand aggregate supply model include.
Question # 16
Monetary expansion can still be effective in getting out of liquidity trap if it's combined with.
Question # 17
Which of the following actions is an example of expansionary fiscal policy.
Question # 18
In the long run a reduction in labor supply would cause output to _______ and the aggregate price level to.
Question # 19
When the price level increases 25% starting from a price level equal to 100, a Rs. 1000 bond will have a real value of .
Question # 20
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.
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
Fiscal policy output to change demand for output is.
A. Completely effective in region KL
B. Partially effective in region JK
C. Elasticity is infinite for region LT
D. Completely ineffective in region LT
2
A commercial bank has a required reserve ratio of 20% and desires to hold 5% in excess reserves. the bank receives a Rs. 10,000 deposit. It it abides by the required reserve ration and its desire to hold excess reserves the bank can make a loan of a most.
A. Rs.7500
B. Rs.2500
C. Rs.5000
D. Rs.30,000
3
Which of the following methods is used for internalizaing positive externalities
A. Positive taxes
B. Government exchange of property rights
C. Effluent fees
D. Corrective substidies
4
Under law of demand.
A. Price of commodity is an independent variable
B. Quantity demanded is a dependent variable
C. Reciprocal relationship is found between price and quantity demandded
D. All of the above
5
If the expected rate of inflation rose at the same time the natural rate of unemployment rose the Philips curve.
A. would shift down
B. would shift up
C. Would not move
D. Might shift up or down or not move depending on which effect was larger.
6
Find the revenue the government collects as a result of the tax
A. Rs.10 million
B. Rs.40 million
C. Rs.16 million
D. Rs.30 million
7
What is the average money balance according to the square root rute if income is Rs.1500, each transaction cost is Rs.4, and the opportunity cost of holding money is.2%
A. 387
B. 50
C. 175
D. 203
8
Peaks and trough of the business cycle are known collectively as.
A. Volatility
B. Turning points
C. Equilibrium point
D. Real business cycle events
9
According to the life cycle hypothesis consumption is related to.
A. Current income
B. Past peak income
C. Expected lifetime income
D. Price expectations over one's life time
10
Changes in subjective or objective factors.
A. Never affect the consumption function
B. Always cause downward shifts of the consumption function
C. Always cause upward shifts of the consumption function
D. May cause upward or downward shifts of the consumption function
Home
News
Colleges
Courses
Admission
Lectures
Online Test
Past Papers
Date Sheets
Results
Study Abroad
Jobs
Tutors
More
Apps
.jpg)
Share your comments & questions here
No comments yet. Be the first to comment!