PPSC Economics Topic 3 Macro Economics

Top Scorers Of PPSC Economics Topic 3 Macro Economics MCQ`s Test

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Faiza Shehzad 21 - Aug - 2022 16 Min 07 Sec 20/20
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Shiza Amir 25 - May - 2022 02 Min 01 Sec 19/20
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Amjad Ali 07 - Jun - 2023 07 Min 07 Sec 13/20
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Mazhar Shahzad 20 - Aug - 2022 13 Min 02 Sec 13/20
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Ayyaz Ahmad 04 - Jun - 2024 02 Min 59 Sec 12/20
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Kiran Naeem 13 - May - 2023 03 Min 39 Sec 11/20
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Yasir Zada 29 - May - 2022 08 Min 09 Sec 11/20
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Shama Suleman 21 - May - 2022 09 Min 36 Sec 11/20
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ilham wahid 01 - Jul - 2024 04 Min 33 Sec 10/20
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Tahir Nawaz 11 - Jan - 2024 09 Min 44 Sec 10/20
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Mahnoor NaSir 24 - May - 2022 12 Min 00 Sec 10/20
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DJ DJ 19 - Aug - 2022 12 Min 42 Sec 10/20
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sidra Naeem 22 - May - 2022 14 Min 25 Sec 10/20
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zaheer hussain 16 - Jan - 2024 16 Min 32 Sec 10/20
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Atiq Ur Rahman 16 - Jun - 2023 19 Min 23 Sec 10/20

PPSC Economics Chapter 3 Important MCQ's

Sr.#	Question	Answer
1	When GNP is Rs.500 billion and consumption expenditures are Rs.300 billion.	A. the MPC is 6 B. The MPS is 4 C. The Multiplier is 2.5 D. None of the above
2	When aggregate economic activity is declining , the economy is said to be in.	A. A contraction B. An expansion C. A trough D. A turning point
3	Deflation occurs only when	A. Some prices fall but average prices still rise B. All prices for all goods fall C. The average price level falls D. The average price level increases bat at a slower rate than before
4	The valued of expenditure multiplier relates.	A. The change in autonomous spending to the change in income B. the change in consumption to change in income C. The change in come to the change is consumption D. The change in income to the change in autonomous spending.
5	A mathematical expression relating the amount of output produced to quantities of capital and labor utilized is the	A. Real interest rate B. Production function C. Productivity relation D. Marginal product
6	In the efficiency wage model with the efficiency wage above the market clearing wage when employment is at its full employment level.	A. Labor supply equals labor demand B. There is an excess supply of labor C. there is an excess demand for labor D. There could be either an excess demand for or an excess supply of labor
7	Based on the data above , the increase in potential MI would be	A. Rs.50 billion B. Rs.300 billion C. Rs.60 billion D. Rs.100 billion
8	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
9	The efficiency wage model can be modified to allow real wages to vary over the business cycle by assuming that.	A. Workers effort may depend on the unemployment rate and the real wage B. During a recession labor supply will decrease reducing the efficiency wage C. During a recession productivity wil fall causing a reduction in the efficiency wage D. During a boom labor demand will increase, causing the efficiency wage to rise
10	What is the possible cause for a falling real GNP over a period of time.	A. A general fall in the value of output though changes in quantities producted. B. A general increase in prices C. An increase in the value of output produced and a general increase in prices D. A, B and C

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PPSC Economics Topic 3 MCQS Test Preparation

MCQ's Test For PPSC Economics Topic 3 Macro Economics

PPSC Economics Topic 3 Macro Economics

If the quantity of money demands is less than the quantity of money supplied then the interest rate will.

In the monetary base is increased by $1,000 and the reserve requirement is 10% by how much will the money supply be increased.

Using the Keynesian model the effect of a government imposed celling on interest rates paid on personal checking accounts that is lower than the current market interest rate would be to cause._ in the real interest rate and _ in input out in the short sun.

A rise in the exchange rate value of the rupee will most likely cause.

A change that increases the real money supply relative to real money demand causes.

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

In the long run an increase in government purchases of military equipment would cause output to _________ and the aggregate price level to

Which one of the following would cause demand pull inflation.

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.

In which of the following situations will an increase in the money supply have no effect upon equilibrium iincome.

An increase in the expected rate of inflation would.

To avoid double counting when the GNP is estimated, economists

Which of the following macro economics variables is a cyclical.

The government budget surplus equals

The long run aggregate supply curve

If the expected rate of inflation rose at the same time the natural rate of unemployment rose the Philips curve.

When planned consumption equals Rs. 40 + 0.90 Yd and planned investment is Rs.50, the equilibrium level of income is.

What adjusts to restore general equilibrium after a shock to the economy.

In the Keynesian model which curve is vertical.

When total utility becomes maximum then marginal utility will be.

Prepare Complete Set Wise PPSC Economics Topic 3 Macro Economics MCQs Online With Answers

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Set 11

Set 12

Set 13

Set 14

Set 15

Set 16

Set 17

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Top Scorers Of PPSC Economics Topic 3 Macro Economics MCQ`s Test

PPSC Economics Chapter 3 Important MCQ's

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