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
A nation experience external balance if it achieves.
Question # 2
An expenditure reducing policy would consist of a decrease in
Question # 3
Ahmed uses dummy variables in order to determine the monthly seasonal effect in her regression model. The number of dummy variables used will be.
Question # 4
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 # 5
Company X sells Rs.75 million dollars of 9.5% first mortgage bonds at par The company's marginal tax rate to 30% The after tax cost of debt is.
Question # 6
If the expected inflation rate is unchanged a fall in the natural rate of unemployment would.
Question # 7
Fiscal policy output to change demand for output is.
Question # 8
Keynes and Say's macroeconomic theory of employment were diametrically opposed Say state that.
Question # 9
Which of the following is the second law of gossen.
Question # 10
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 # 11
An increase in the number of workers hired by a firm could result from
Question # 12
An invention that speeds up the internet is an example of.
Question # 13
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 # 14
Given the saving equation S = - 50 + 0, 20 Y, where s is saving and Y is income.
Question # 15
Which of the following is the most liquid.
Question # 16
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.
Question # 17
Economic planning by enteral government agencies is primarily associated with
Question # 18
In the efficiency wage model with the efficiency wage above the market clearing wage when employment is at its full employment level.
Question # 19
Which of the following is a NOT component of M-2.
Question # 20
When the price level increases 25% starting from a price level equal to 100, a Rs. 1000 bond will have a real value of .
Top Scorers Of PPSC Economics Topic 3 Macro Economics MCQ`s Test
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Faiza Shehzad21 - Aug - 2022
16 Min 07 Sec
20/20
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Shiza Amir25 - May - 2022
02 Min 01 Sec
19/20
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Amjad Ali07 - Jun - 2023
07 Min 07 Sec
13/20
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Mazhar Shahzad20 - Aug - 2022
13 Min 02 Sec
13/20
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Ayyaz Ahmad04 - Jun - 2024
02 Min 59 Sec
12/20
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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
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ilham wahid01 - Jul - 2024
04 Min 33 Sec
10/20
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Tahir Nawaz11 - Jan - 2024
09 Min 44 Sec
10/20
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Mahnoor NaSir24 - May - 2022
12 Min 00 Sec
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DJ DJ19 - Aug - 2022
12 Min 42 Sec
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sidra Naeem22 - May - 2022
14 Min 25 Sec
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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 the science of Wealth who gave this definition.
A. J-x Mehta
B. Marshall
C. Adam Smith
D. Robbins
2
What adjusts to restore general equilibrium after a shock to the economy.
A. The LM curve
B. The IS curve
C. The FE line
D. The labor supply curve
3
When aggregate economic activity increasing the economy is said to be in.
A. An expansion
B. A contraction
C. A peak
D. A turning point
4
The long run Phillips curve is
A. Vertical
B. Horizontal
C. Upward sloping
D. Downward sloping
5
An increase in total production causes the demand for money to _____ and the interest rate to ______
A. Increase ; increase
B. Increase ; decrease
C. decrease ; decrease
D. decrease,; increase
6
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.
A. Y = 333 - (7/3) x
B. Y = 142 - (7/3) x
C. Y = 142- (3/7) x
D. Y = 323 - (7/3) x
7
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
8
The main cause of cyclical unemployment is that.
A. Firms engage in race gender and sex discrimination in their hiring practices.
B. Some induvial do not have marketable job skills.
C. the level of overall economic activity fluctuates
D. Workers offer voluntarily quit a job to look for a better job.
9
If the reserve deposit ratio is 0.25 and the ratio of currency in circulation to deposits is 0.3, the potential money multiplier will have a value of.
A. 2.36
B. 0.42
C. 1.20
D. 0.96
10
Which of the following procedures is included in the process that produces a value for disposable personal income
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