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
When total utility becomes maximum then marginal utility will be.
Question # 2
The data indicates that country A in billions of rupees is experiencing a
Question # 3
Which of the following assets is most liquid.
Question # 4
Money must fulfill all of the following functions except.
Question # 5
The short run aggregate supply curve the absence of misperceptions.
Question # 6
Suppose there is full employment and positively sloped aggregate supply schedule A decrees in taxes increases.
Question # 7
When the Central Bank initiates actions which will lead to an increase in the supply of money IS -LM models tell us to expect that.
Question # 8
The negative relation ship between unemployment and inflation is know as the
Question # 9
Economists use the phrase ceteris paribus to express the assumption.
Question # 10
The low point in the business cycle is referred to as the
Question # 11
The equilibrium level of Y and I derived from the LM and IS equations above is.
Question # 12
The fact that the long run Phillips curve is vertical implies that
Question # 13
An asset with zero carrying costs and a present value of Rs.50,000 will return continuous annual yield of Rs.5000 if the current and future rate of inters is.
Question # 14
At point of satiety marginal utilityis.
Question # 15
The sign of the simple correlation coefficient is determined by
Question # 16
A group of modern economists who believe that price and wage rigidities do not provide the only rationale for macroeconomic policy activism are called.
Question # 17
The idea that the natural rate of unemployment rises when the acual rate of unemployment rise is known s.
Question # 18
The regression results indicate that the standard error of estimate is.
Question # 19
In the product market of the circular flow model.
Question # 20
The long run foreign exchange rate between the U.S. and Japan is 200 Yen =Rs. 1 under a floating exchange rate Which of the following does 112 t occur if the Federal Reserve reduce the money supply in order to prevent the occurrence of inflation.
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
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
The break even level of income where C = Y is
A. 200
B. 300
C. 500
D. 400
2
A firm's total labor cost when six workers are employed is Rs.580 When seven workers are employed the total labor cost is Rs.700 the Rs. 120 change in total labor cost represents.
A. Marginal physical product
B. Marginal resources cost
C. Marginal cost
D. Marginal revenue
3
Most industrial construes generally considered _______ as the most important economic goal
A. External balance
B. Internal balance
C. Maximum efficiency for business
D. Maximum efficiency for labor
4
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.
5
The equilibrium level of employment achieved after the complete adjustment of wages and prices, is known as the.
A. Zero unemployment level of employment
B. Natural state
C. Invisible handshake
D. Full employment level of employment
6
Which of the following actions is an example of expansionary fiscal policy.
A. A decrees in welfare payments
B. A purchase of government scantiest in the open market
C. A decrease in the Bank rate
D. A decrease in the corporate profits tax rates
7
The aggregate demand curve shows the combinations of output and the price level that put the economy on.
A. The FE line and the IS curve
B. The FE line The IS curve and the LM curve
C. The IS curve
D. The IS curve and the LM curve
8
Ahmed uses dummy variables in order to determine the monthly seasonal effect in her regression model. The number of dummy variables used will be.
A. 5
B. 11
C. 12
D. 1
9
An expenditure increasing policy would consist of an increase in
A. Import tariffs
B. Import quotas
C. Governmental taxes
D. The money supply
10
The hypothesis would the tested with
A. A two tailed test
B. A one tailed test with the rejection region in the left tail
C. a one tailed test with the rejection region on the right tail
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