PPSC Economics Topic 3 Macro Economics

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.

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	Fractional unemployment arises when	A. Unskilled or low skilled workers find it difficult to obtain desirable long term jobs B. Labor must be reallocated from industries that are shrinking to areas that are growing. C. Workers must search for suitable jobs and firms must search for suitable workers. D. Output and employment are below full employment levels
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	At point of satiety marginal utilityis.	A. Positive B. Negative C. Maximum D. Zero
4	In long run a reduction in labor supply would cause output to __ and the aggregate price level to.	A. fall ; rise B. fall ; fall C. rise ; fall D. rise ; rise
5	Which of the following changes shifts the AD curve down and to the left.	A. A temporary increase in government purchases. B. A rise in the nominal money supply C. A decrease in corporate taxes D. A decrease in consumer confidence
6	The equation for the IS curve is.	A. Y = 55 - 50 i B. Y = 175 - 75 i C. Y = 300 - 100 i D. Y = 275 - 25 i
7	Which policy is an expenditure switching policy.	A. Increase in the money supply B. Decrease in government expensitures C. Increase in business and household taxes D. Decrease in import tariffs
8	A decrease in the effective tax rate on capital would cause the IS curve to.	A. Shift up and to the right B. shift down and to the left C. Remain unchanged D. Remain unchanged if taxes are fully deducible from income otherwise, shift up and to the right
9	The reason that only final sales are counted in GDP is	A. To avoid double counting good that are sold so as to be resold B. To not count production in other countries C. Because the government can't get records on intermediate sales. D. To simplify the computation and no other reason
10	The Laffer curve depicts	A. A trade off between tax rates and government receipts B. Price levels and real income C. government deficits and unemployment D. Tax rates and infixation

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MCQ's Test For PPSC Economics Topic 3 Macro Economics