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
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.
Question # 4
Which of the following macro economics variables is a cyclical.
Question # 5
A variable whose value is determined witching an economic theory or model is.
Question # 6
According to classical economists unemployment rises in recessions due to an increase in ______ unemployment , not in _______ unemployment.
Question # 7
The use of micro economics policies to smooth or moderate the business cycle is known as.
Question # 8
When total utility becomes maximum then marginal utility will be.
Question # 9
Suppose there is full employment and positively sloped aggregate supply schedule A decrees in taxes increases.
Question # 10
The Root Mean square Error for the actual sales and sales forecast for 1985 and 1986 is.
Question # 11
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.
Question # 12
According to classical economists the economy.
Question # 13
The IS curve shows the combinations of output and the real interest rate for which.
Question # 14
According to the life cycle hypothesis consumption is related to.
Question # 15
If investors expectations concerning the future are positive and thus increase investment at every interest rate the.
Question # 16
Suppose your company is in equilibrium with its capital stock at the desired level A permanent decline in the expected real interest rate now has what effect on your desired capital stock
Question # 17
The costs of disinflation would be low if
Question # 18
The equation for the IS curve is.
Question # 19
To ensure that the fundamental identity of national income accounting holds changes in inventories are.
Question # 20
If the expected rate of inflation rose at the same time the natural rate of unemployment rose the Philips curve.
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
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
If investors expectations concerning the future are positive and thus increase investment at every interest rate the.
A. IS curve would shift up
B. IS curve would shift down
C. LM curve would shift down
D. IS and LM curves will not shift
2
According to classical economists the economy.
A. Requires fine tuning to reach full employment
B. Should not be left to market forces
C. Will never be at full employment
D. Is self correction
3
In the long run an increase in consumer spending would cause output to ________ and the price level to.___________
A. rise;rise
B. rise; stay; constant
C. stay constant ; stay constant
D. Stay constant ; rise
4
After a temporary beneficial supply shock hits the economy general equilibrium is restored by
A. A shift down and to the left of the IS curve
B. A shift to the left of the FE line
C. A shift up and to the left to the LM curve
D. A shift down and to the right of the LM curve
5
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.
A. Increase by Rs.50 billion
B. Increase by more than Rs. 50 billion
C. Increase by less than Rs.50 billion.
D. Decrease by more than Rs.50 billion.
6
All of the following are obstacles to international economic policy coordination except.
A. Different national objectives are institutions
B. Different national political climates
C. Different phases in the business cycle
D. Different national currencies.
7
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
8
When planned consumption equals Rs. 40 + 0.90 Yd and planned investment is Rs.50, the equilibrium level of income is.
A. Rs.90
B. Rs.400
C. Rs.500
D. Rs.900
9
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.
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