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
in the keynesian model in the short run the amount of employment is determined by the effective labor demand curve and the level of.
Question # 2
Suppose nominal GNP is Rs.500 in year 1, the base year If the GNP deflator doubles by year 6 while real output has increased 40% nominal output in year 6 equals.
Question # 3
The equation for the IS curve is.
Question # 4
A nation experience external balance if it achieves.
Question # 5
A group of modern economists who believe that price and wage rigidities do not provide the only rationale for macroeconomic policy activism are called.
Question # 6
When total utility becomes maximum then marginal utility will be.
Question # 7
Which one of the following would cause demand pull inflation.
Question # 8
The gift exchange motive suggests that
Question # 9
An expenditure increasing policy would consist of an increase in
Question # 10
When the economy goes into are cession there's an increase in.
Question # 11
The fact that the Production function relating output to capital becomes flatter as we move from left to right means that.
Question # 12
When all markets in the economy are simultaneously in equilibrium we say.
Question # 13
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.
Question # 14
The use of micro economics policies to smooth or moderate the business cycle is known as.
Question # 15
Economics is the science of Wealth who gave this definition.
Question # 16
Classical economics believe that in the short run.
Question # 17
Using the Keynesian model the effect of an increase in the effective tax rate on capital would be to cause _________ in the real interest rate and ______ in output in the short run.
Question # 18
Under law of demand.
Question # 19
Appreciation of the U.S. dollar results in.
Question # 20
Which of the following is not included in gorses investment.
Top Scorers Of PPSC Economics Topic 3 Macro Economics MCQ`s Test
F
Faiza Shehzad21 - Aug - 2022
16 Min 07 Sec
20/20
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Shiza Amir25 - May - 2022
02 Min 01 Sec
19/20
A
Amjad Ali07 - Jun - 2023
07 Min 07 Sec
13/20
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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
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Shama Suleman21 - May - 2022
09 Min 36 Sec
11/20
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ilham wahid01 - Jul - 2024
04 Min 33 Sec
10/20
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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
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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
Which of the following changes shifts the SRAS curve up.
A. Ani increases in the labor force
B. A decrease in government purchases
C. An increase in firms costs
D. An increase in the money supply
2
An increase in the number of workers hired by a firm could result from
A. a decrease in the marginal product of labor
B. a decrease in the marginal revenue product of labor
C. An increase in the real wage
D. A decrease in the real wage
3
An increase in wealth that doesn't affect labor supply would cause the IS curve to _________ and the FE line to ____________
A. Shift down and to the left be unchanged
B. Shift down and to the left shift left
C. Shift up and to the right be unchanged
D. Shift up and to the right shift left
4
A nation experience external balance if it achieves.
A. No net changes in its international gold stocks
B. Productivity levels equal to those of its trading partners
C. An increases in its money supply equal to increases overseas
D. Equilibrium in its balance of payments
5
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.
A. 105
B. 8%
C. 8.7%
D. 17.5%
6
A model in which individual producers act as price setters because there are only a few sellers and the product they sell is not standardized, is called.
A. Imperfect competition
B. Perfect competition
C. Monopoly
D. Monopsony
7
When planned saving equals Rs.40+0.20 Yd and planned investment is rs. 60, the equilibrium level of income in.
A. Rs. 100
B. Rs. 400
C. Rs.500
D. Rs.1000
8
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.
A. An increase ; an increase
B. A decrease ; a decrees
C. No change ; an increase
D. No change ; a decrease
9
Full- employment output is the level of output that firms in the economy supply when
A. Taxes are zero
B. Wages and prices have fully adjusted
C. The unemployment rate in zero
D. All capital is fully utilized
10
Which of the following in a graph with interest rates and income on the vertical and horizontal axes, does not shift the balance of payments curve to the right.
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