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	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.	A. 25$ B. 99$ C. Rs.1.25 D. Rs.1.13
2	The fact that the long run Phillips curve is vertical implies that	A. Monetary policy can't effect unemployment B. Money is neutral in the long run C. There is a natural rate of inflation D. Money can't affect inflation in the long run
3	An increase in the real wage rate will cause	A. The labor demand curve to shift to the right B. The labor demand curve to shift to the left C. The quantity of labor demanded to rise D. A movement along the labor demand curve
4	Friedman and phelps suggested that there should not be a stable relationship between inflation and unemployment, but here should be a stable relationship between	A. Anticipated inflation and frictional unemployment B. Anticipated inflation and cyclical unemployment C. Unanticipated inflation and frictional unemployment. D. Unanticipated inflation and cyclical unemployment
5	The marginal product of labor	A. Is measured by the slope of the production function relating capital of employment B. Is larger when the labor supply is relatively larger C. Is smaller when the labor supply is relatively smaller D. Decreases as the number of workers already employed increases
6	Economists use the phrase ceteris paribus to express the assumption.	A. All else equal B. Everything affects everything else. C. Scarcity is a fact of life D. There is no such thing as a free lunch
7	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
8	What tow factors should you equate in deciding how many workers to employ.	A. The marginal product of labor and the marginal product of capital B. The marginal product of labor and the real wage rate C. The marginal product of labor and the real interest rate D. The marginal product of capital and the real wage rate
9	According to the efficiency wage model during a recession firms will not reduce real wages because.	A. Unions would go on strike reducing profitability B. This would reduce worker effort and productivity. C. The equilibrium real wage has increased D. Legally, they can't
10	A Rs.10 increase in autonomous investment spending shifts is.	A. Rightward by Rs. 10 B. Leftwards by Rs. 10 C. Rightward by Ke (Rs.10) D. Leftward y Ke (Rs.10)

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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

Two independent variables are not independent of each other in a multiple regression problem The analyst most likely will be confronted with.

An increase in the real wage rate will cause.

Economics is the science of Wealth who gave this definition.

Which of the following assets is most liquid.

If an individual has a money income M of Rs. 999 , the price of X is rs.7.00 per unit and ithe price of Y is Rs. 300 per unit find the equation for the budget lines.

The short run aggregate supply curve the absence of misperceptions.

Changes in subjective or objective factors.

The fact that the long run Phillips curve is vertical implies that

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

For interior commodities income effect is.

Which of the following represents monetary policy geared to increases the supply of money.

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

According to the life cycle hypothesis consumption is related to.

The estimated regression coefficient for good Y indicates

Which of the following results in an increase in the value of the dollar.

A decrease in wealth would cause the IS curve to

Deflation occurs only when

Which of the following macro economic variables is procyclical and coincident with the business cycle.

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

You are gold the level of savings in the economy is Rs.25 billion of equilibrium Using the consumption function C =20 + .9 Y, find equilibrium income .

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

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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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