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 dynamic aggregate demand schedule shifts rightward when there is an increase in.
Question # 2
Which of the following factors will cause the demand curve for labor to shift to the right.
Question # 3
A temporary decline in productivity would cause the IS curve to.
Question # 4
The sign of the simple correlation coefficient is determined by
Question # 5
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.
Question # 6
The long run aggregate supply curve
Question # 7
Which of the following changes shifts the AD curve down and to the left.
Question # 8
Economic planning by enteral government agencies is primarily associated with
Question # 9
"Economics is a science " the basis of this statement is.
Question # 10
Classical economics think general equilibrium is attained relatively quickly because.
Question # 11
When desired national saving equals desired national investment what market is in equilibrium.
Question # 12
Industries that are extremely sensitive to the business cycle are the.
Question # 13
Hyperinflation occurs when
Question # 14
In the efficiency wage model with the efficiency wage above the market clearing wage when employment is at its full employment level.
Question # 15
An increase in the expected future marginal product of capital would cause the IS curve to.
Question # 16
A change that increase real money demand relative to the real money supply causes.
Question # 17
During inflation.
Question # 18
"Human Welfare is the subject of Economics" Y. This statement is associated with the name of which of the economists.
Question # 19
The three main components of the aggregate demand aggregate supply model include.
Question # 20
The low point in the business cycle is referred to as the
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
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
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Shama Suleman21 - May - 2022
09 Min 36 Sec
11/20
I
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
"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
2
While resources and products flow in one direction of the circular flow model what flow the other direction.
A. Services
B. Public goods
C. Money
D. Imported goods
3
The long run aggregate supply curve
A. Is vertical
B. slopes upward
C. Is horizontal
D. Slopes downward
4
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.
A. Expanding the U.S. money supply
B. Increasing government spending
C. Increasing taxes
D. Lowering interest rates in the united states.
5
Keynes considered subjective and objective factors.
A. Determinants of investment
B. Determinants of business will ingress to supply
C. Unimportant determinants of consumption.
D. Important determinants of consumption.
6
According to the permanent income hypothesis all increases in .
A. Permanent income are saved
B. Permanent income are consumed
C. transitory income are saved
D. Transitory income are consumed
7
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
8
If equilibrium national income is less than the full employment the gap can be closed by.
A. Raising taxes
B. Decreasing government expenditures
C. Raising taxes and decreasing government expenditures.
D. Increasing government expenditures.
9
Capital goods are
A. A type of intermediate good
B. Final goods, because they are not used up during a given year
C. Produced in the same year as the related final good whereas intermediate goods are produced in different years.
D. Produced in one year whereas final goods are produced over a period of more than one year
10
When a British pound equals Rs. 1.60 and the French France equals Rs. 0.40 the ability to earn infinite profit if it were not the case, implies that the exchange rate would be.
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