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
Given fixed change rate assume Pakistan initiates expansionary monetary and fiscal polices to combat recession these policies will also.
Question # 2
Fiscal policy output to change demand for output is.
Question # 3
The equilibrium level of Y and I derived from the LM and IS equations above is.
Question # 4
The Ad, SRAS ,and LRAS curve each show a relationship between which two economic variables.
Question # 5
According to Keynesians the primary source of business cycle fluctuation is.
Question # 6
The yield curve shows
Question # 7
O kun's Law states that for each percentage point by which the unemployment rate is above the natural rate real GNP is 3% below potential GNP, if real GNP is Rs. 3,800 billion with the actual level of unemployment at 6.05 and the natural rate of unemployment at 4.5% then according to Okun's law the GNP gap is.
Question # 8
When investment spending is negatively related to the rate of interest, equilibrium income in the goods market.
Question # 9
What is the level of savings for disposable income = Rs.5,000 if dissaving's of 50 occur at a disposable income of Rs.0 and a marginal propensity to save equal to 0.257
Question # 10
When aggregate economic activity is declining , the economy is said to be in.
Question # 11
According to classical economists unemployment rises in recessions due to an increase in ______ unemployment , not in _______ unemployment.
Question # 12
"Economics is what economists do " It has been supported by.
Question # 13
In the Keynesian model in the long run an increase in the money supply will raise
Question # 14
Which of the following is not a category of consumption spending in the national income accounts.
Question # 15
Given the saving equation S = - 50 + 0, 20 Y, where s is saving and Y is income.
Question # 16
In the Keynesian model in the short run a decrease in government purchases causes output to _____ and the real interest rate to.
Question # 17
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.
Question # 18
When planned saving equals Rs.40+0.20 Yd and planned investment is rs. 60, the equilibrium level of income in.
Question # 19
"An Enquiry into the Nature and causes of wealth of Nations" is thebook of economist.
Question # 20
Whose opinions have revolutionized the scope of macro economics.
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
S
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
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
Which of the following is not a category of consumption spending in the national income accounts.
A. Consumer durables
B. Non durable goods
C. Services
D. Housing Purchases
2
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
3
"An Enquiry into the Nature and causes of wealth of Nations" is thebook of economist.
A. Adam smith
B. Marshall
C. Robbins
D. None of above
4
Given the data above, the empirical equation for the IS curve is.
A. Y = 275 + 10 i
B. Y = 225 + 50 i
C. Y = 250 - 10 i
D. Y = 275 - 501
5
What is the level of savings for disposable income = Rs.5,000 if dissaving's of 50 occur at a disposable income of Rs.0 and a marginal propensity to save equal to 0.257
A. Rs. 1.25
B. Rs.1.125
C. Rs.1,200
D. Rs.1,100
6
The negative relation ship between unemployment and inflation is know as the
A. Aggregate supply curve
B. Aggregate demand curve
C. Philipps curve
D. Efficiency wage line
7
"Economics is what economists do " It has been supported by.
A. Richard jones
B. Comte
C. Gunnar Myrdal
D. All of the above
8
For a borrower an increase in the real interest rate will lead to.
A. Higher current consumption and less borrowing
B. Higher current consumption and less saving
C. Lower current consumption and less borrowing
D. Lower current consumption and less saving
9
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
10
A decrease in wealth would cause the IS curve to
A. Shift up and to the right
B. Shift down and to the left
C. Remain unchanged
D. Shift up and to the right only in poeple face borrowing constraints.
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