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
Find the revenue the government collects as a result of the tax
Question # 3
A mathematical expression relating the amount of output produced to quantities of capital and labor utilized is the
Question # 4
If the quantity of money demands is less than the quantity of money supplied then the interest rate will.
Question # 5
What tow factors should you equate in deciding how many workers to employ.
Question # 6
The nominal interest rate minus the inflation rate is the
Question # 7
During inflation.
Question # 8
Over a two year period your income has increased 10% At the same time the consumer price index has increased 205 Your real purchasing power is.
Question # 9
The monetary base in composed of.
Question # 10
An efficient economy is an economy
Question # 11
An increase in the expected real interest rate tends to.
Question # 12
Real business cycle theorists think that most business cycle fluctuations are caused by shocks to.
Question # 13
In a simple Keynesian world assume the economy is opiating at a full employment noninflationary level worsening world conditions necessitate additional government spending of Rs.50 billion. What should be the direction of change in taxes and magnitude of change to maintain stable price and full employment equilibrium.
Question # 14
A rise in the price of bond causes the yield of the bond to.
Question # 15
Deflation occurs only when
Question # 16
From a Keynesian perspective business investment will de cline as a result of.
Question # 17
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.
Question # 18
When all markets in the economy are simultaneously in equilibrium we say.
Question # 19
When an increase in government spending is matched by an equal decrease in government transfers the income level will.
Question # 20
An expenditure increasing policy would consist of an increase in
Top Scorers Of PPSC Economics Topic 3 Macro Economics MCQ`s Test
F
Faiza Shehzad21 - Aug - 2022
16 Min 07 Sec
20/20
S
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 efficiency wage model can be modified to allow real wages to vary over the business cycle by assuming that.
A. Workers effort may depend on the unemployment rate and the real wage
B. During a recession labor supply will decrease reducing the efficiency wage
C. During a recession productivity wil fall causing a reduction in the efficiency wage
D. During a boom labor demand will increase, causing the efficiency wage to rise
2
Where there is an equal increase in net tax revenue and government spending, ceteris paribus.
A. (C+I+G) is shifting upward
B. (C+I+G) is shifting downward
C. (C+I+G) does not shift
D. All of these
3
The three main components of the aggregate demand aggregate supply model include.
A. AD, SRAS, LM
B. SRAS, LRAS, IS
C. AD, IS, LM
D. AD, SRAS, LRAS
4
According to the life cycle hypothesis consumption is related to.
A. Current income
B. Past peak income
C. Expected lifetime income
D. Price expectations over one's life time
5
The short run impact of unanticipated expansionary monetary policy is that.
A. Real output decrease
B. Employment decreases
C. Real interest rates decrease
D. Profit margins decrease
6
After a temporary beneficial supply shock hits the economy general equilibrium is restored by
A. A shift down and to the left of the IS curve
B. A shift to the left of the FE line
C. A shift up and to the left to the LM curve
D. A shift down and to the right of the LM curve
7
In the Keynesian model in the short run a decrease in government purchases causes output to _____ and the real interest rate to.
A. fall ; rise
B. fall ; fall
C. rise ; rise
D. rise; fall
8
If nominal GNP were Rs.1000 ballooning 1976 and Rs.2200 billion in 1986, and the implicit GNP deflator was. 1.2 in 1976 and 1.6 in 1986 concluded that .
A. Real GNP increased by approximately Rs. 542 billion from 1976 to 1986
B. The price level fell from 1976 to 1986
C. Real GNP increased by 35%
D. Nominal GNP increased by 80%
9
An adverse supply shock that is permanent shifts which curve in addition to the curves shifted by.
One that is temporary.
A. The LM curve
B. The IS curve
C. The FE line
D. The labor demand curve
10
The key difference between classical and Keynesian macro economist is their differing beliefs about.
Home
News
Colleges
Courses
Admission
Lectures
Online Test
Past Papers
Date Sheets
Results
Study Abroad
Jobs
Tutors
More
Apps
.jpg)
Share your comments & questions here
No comments yet. Be the first to comment!