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
According to Keynesians the primary source of business cycle fluctuation is.
Question # 2
Expansionary monetary policy
Question # 3
If the expected rate of inflation rose at the same time the natural rate of unemployment rose the Philips curve.
Question # 4
A decrease in the marginal propensity to import will lead to.
Question # 5
Using the Keynesian model , the effect of a decrease in the effective tax rate on capital would be to cause_____ in the real interest rate and __ in output in the long run.
Question # 6
The short run aggregate supply curve the absence of misperceptions.
Question # 7
The yield curve shows
Question # 8
The break even level of income where C = Y is
Question # 9
In the Keynesian model short run equilibrium occurs where
Question # 10
Which of the following macro economics variables is a cyclical.
Question # 11
The Root Mean square Error for the actual sales and sales forecast for 1985 and 1986 is.
Question # 12
An efficient economy is an economy
Question # 13
An increase in total production causes the demand for money to _____ and the interest rate to ______
Question # 14
Which of the following results in an increase in the value of the dollar.
Question # 15
Banks can create money
Question # 16
The equilibrium level of employment achieved after the complete adjustment of wages and prices, is known as the.
Question # 17
If the rate of growth of a full employment labor forc eis 1.55 and 2.55 then the celling rate of growth of real GNP, according to Hick's theory of a constrained business cycle,is.
Question # 18
An economics variable that moves in the same direction as aggregate economic activity is called.
Question # 19
The value of a producer's output minus the value of the inputs if purchases from other producers is called the producer's
Question # 20
in the keynesian model in the short run the amount of employment is determined by the effective labor demand curve and the level of.
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 short run aggregate supply curve the absence of misperceptions.
A. Is vertical
B. Slopes upward
C. Is horizontal
D. Slopes downward
2
The long run Phillips curve is
A. Vertical
B. Horizontal
C. Upward sloping
D. Downward sloping
3
In a model in which there is no government new investment capital replacement or international trade the market value of final output equals.
A. Aggregate consumption
B. The sum of the receipts of economic resources
C. The sum of wages rent interest and profit
D. All of the above
4
An efficient economy is an economy
A. In which output is steady or growing and there is low inflation
B. That produces what consumers demand and does so at the least possible cost.
C. that distributes output equally among all consumers
D. In which there is a fair distribution of wealth.
5
Total factor productivity growth is that part of economic growth due to.
A. Capital growth plus labor growth
B. Capital growth less labor growth
C. Capital growth times labor growth
D. Neither capital growth nor labor growth
6
The data indicates that country A in billions of rupees is experiencing a
A. A deficit of Rs.60
B. A surplus of Rs. 300
C. Deficit of Rs.900
D. A deficit of Rs. 500
7
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.
A. 92% of the original value
B. 50% of its original value
C. Not affected by the price change
D. 109% of its original value
8
Using the Keynesian model the effect of an increase in the effective tax rate on capital would be to cause _________ in the real interest rate and ______ in output in the short run.
A. A decrease ; a decrease
B. A decrease ; no change
C. No change ; a decrease
D. An increase ; an increase
9
The dynamic aggregate demand schedule shifts rightward when there is an increase in.
A. The expected rate of inflation ceteris paribus
B. The growth rate of the nominal money supply ceteris paribus
C. The income tax rate ceteris paribus
D. the current inflation rate celeries paribus
10
The natural rate of unemployed is generally thought of as the.
A. Ratio of the frictional unemployment rate to the cyclical unemployment rate
B. sum of structural unemployment and cyclical unemployment
C. sum of frictional unemployment and cyclical unemployment
D. sum of frictional unemployment and structural unemployment.
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