PPSC Economics Chapter 3 Macro Economics Preparation Online Test

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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 chapter 3, Macroeconomics is offered. However, students can also attempt the tests of other chapters through separate sections and pages.

PPSC Economics Test Chapter 3 Syllabus

Chapter 3 of Economics consists of many topics that are related to Macroeconomics. The topics are included in the aggregate demand, aggregate supply, budget deficits and public debt, business cycles, economic growth, employment and unemployment, and fiscal policy, etc. The test arranged here is comprised of the important questions from these topics. The test is not only offering candidates the idea of the important questions but also a way to get better practice for the final exam.

PPSC Economics Ch. 3 Test

Online MCQ`s Test For Chapter 3 "PPSC Economics Chapter 3 Macro Economics"

Try The MCQ`s Test For Chapter 3 "PPSC Economics Chapter 3 Macro Economics"

  • Total Questions20

  • Time Allowed20

PPSC Economics Chapter 3 Macro Economics

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Question # 1

The equilibrium level of employment achieved after the complete adjustment of wages and prices, is known as the.

Question # 2

Which of the following is a NOT component of M-2.

Question # 3

If the quantity of money demands is less than the quantity of money supplied then the interest rate will.

Question # 4

Two independent variables are not independent of each other in a multiple regression problem The analyst most likely will be confronted with.

Question # 5

A temporary adverse productivity shock would.

Question # 6

Given the IS equation Y = Ke a - Ke Bn the IS slope decreases when

Question # 7

When all markets in the economy are simultaneously in equilibrium we say.

Question # 8

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.

Question # 9

The reduction of the inflation rate is called

Question # 10

Suppose the government provides a tax cut today that is matched by a tax increase in the future that's equal in present value to the tax cut This causes a consumer's saving to.

Question # 11

An increase in investment leads to an increase in income and consumer spending, which in turn leads to a further increase in investment spending This is example of.

Question # 12

The multiplier that applies to changes in autonomous investment is identical to changes in.

Question # 13

If the economy is in equilibrium at Rs. 180 billion and taxes are reduced by Rs.20 billion, find the new equilibrium given that this is a simple economy i.e. exogenous government spending tax collection and investment spending and a marginal propensity to consume of . .75

Question # 14

Which of the following macroeconomic variables is procyclical and lags the business cycle.

Question # 15

Given fixed change rate assume Pakistan initiates expansionary monetary and fiscal polices to combat recession these policies will also.

Question # 16

When plotted with the aggregate price level on the vertical axis and output on the horizontal axis, which of the following curves slopes downward.

Question # 17

Which of the following changes shifts the SRAS curve down.

Question # 18

A mathematical expression relating the amount of output produced to quantities of capital and labor utilized is the.

Question # 19

The estimated regression coefficient for good Y indicates

Question # 20

Which of the following procedures is included in the process that produces a value for disposable personal income

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PPSC Economics Chapter 3 Test

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