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
Desired national saving would increase unambiguously if there were
Question # 2
An economy is in inflationary equilibrium A sustained increase in government appending shifts.
Question # 3
Keynesian economists think general equilibrium is not attained quickly because.
Question # 4
The use of micro economics policies to smooth or moderate the business cycle is known as.
Question # 5
The Ad, SRAS ,and LRAS curve each show a relationship between which two economic variables.
Question # 6
An adverse supply shock that is permanent shifts which curve in addition to the curves shifted by.
One that is temporary.
Question # 7
Money must fulfill all of the following functions except.
Question # 8
In a simple Keynesian world assume the economy is opiating at a full employment noninflationary level worsening world conditions necessitate additional government spending of Rs.50 billion. What should be the direction of change in taxes and magnitude of change to maintain stable price and full employment equilibrium.
Question # 9
When planned saving equals Rs.40+0.20 Yd and planned investment is rs. 60, the equilibrium level of income in.
Question # 10
Disinflationary demand management policies.
Question # 11
The econometric problem of errors in variables leads to
Question # 12
The costs of disinflation would be low if
Question # 13
According to classical economists the economy.
Question # 14
The practice of using fiscal and monetary policy to stabilize the economy is known as.
Question # 15
The value of real GDP in the current year equals.
Question # 16
In the monetary base is increased by $1,000 and the reserve requirement is 10% by how much will the money supply be increased.
Question # 17
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 # 18
To avoid double counting when the GNP is estimated, economists
Question # 19
The valued of expenditure multiplier relates.
Question # 20
Suppose the intersection of the IS and LM curves is to the left of the FE line A decrease in the price level would most likely. eliminate a disequilibrium among the asset labor and goods markets by.
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
The short run aggregate supply curve the absence of misperceptions.
A. Is vertical
B. Slopes upward
C. Is horizontal
D. Slopes downward
2
"Economics is a science " the basis of this statement is.
A. Relation between causes and effect
B. Use of deductive method and inductive method for the formations of laws
C. experiments
D. All of the above
3
Hyperinflation occurs when
A. The inflation rate rises
B. The inflation Tate declines
C. The inflation rate is extremely high
D. The inflation rate is extremely low
4
Which of the following changes shifts the long run aggregate supply curve to the right.
A. A demographic change that increases the labor supply
B. A decrease in the demand for labor
C. An increase in consumer confidence
D. A decrease in taxes
5
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
6
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.
A. Rs. 500
B. Rs.480
C. Rs. 470
D. Rs.400
7
When investment spending is negatively related to the rate of interest, equilibrium income in the goods market.
A. Is unrelated to the rate of interest
B. Is positively related to the rate or interest
C. Inversely related to the rate of interest
D. Falls as the rate of interest decreases
8
A nation experiences internal balance if it acieves.
A. Full employment
B. Price stability
C. Full employment and price stability
D. Unemployment and price instability
9
Over a two year period your income has increased 10% At the same time the consumer price index has increased 205 Your real purchasing power is.
A. 92% of the original value
B. 50% of its original value
C. Not affected by the price change
D. 109% of its original value
10
The aggregate demand curve shows the combinations of output and the price level that put the economy on.
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