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
The use of micro economics policies to smooth or moderate the business cycle is known as.
Question # 2
A situation in which expansionary in monetary policy has no effect on the economy is known as.
Question # 3
Which of the following is the most liquid.
Question # 4
An invention that speeds up the internet is an example of.
Question # 5
Fractional unemployment arises when
Question # 6
in the keynesian model in the short run the amount of employment is determined by the effective labor demand curve and the level of.
Question # 7
The negative relation ship between unemployment and inflation is know as the
Question # 8
A beneficial supply shock would cause.
Question # 9
Quality controlleers at the LMN corporation formulate the null hypothesis that the proportion of defective items in the production line is 10% they reject this hypothesis when they find 12 defective items in 100. If the defective rate is really 10% What type of error did they make.
Question # 10
If government spending of Rs. 10 and a lump sum tax of Rs.10 is added, the empirical equation for the new IS curve becomes.
Question # 11
A temporary decline in productivity would cause the IS curve to.
Question # 12
The multiplier which specifically refers to an equal increase in government spending and taxes, giving rise to that same equal increase in national income is called.
Question # 13
Dynamic multipliers occur when
Question # 14
You are gold the level of savings in the economy is Rs.25 billion of equilibrium Using the consumption function C =20 + .9 Y, find equilibrium income .
Question # 15
A model in which individual producers act as price setters because there are only a few sellers and the product they sell is not standardized, is called.
Question # 16
The IS curve shows the combinations of output and the real interest rate for which.
Question # 17
A rise in the price of bond causes the yield of the bond to.
Question # 18
Equilibrium occurs in a two sector model when
Question # 19
If X becomes more expansive i relation to Y, what happens to the budget line in the X - Y space, with Y on the vertical axis.
Question # 20
Which one of the following would cause demand pull 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
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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
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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
According to Keynesians the primary source of business cycle fluctuation is.
A. Aggregate demand shocks
B. Productivity shocks
C. Oil price shocks
D. Consumer confidence shocks
2
Given the IS equation Y = Ke a - Ke Bn the IS slope decreases when
A. Ke increase and b increases
B. Ke decreases and b increases
C. Ke increases and b decreases
D. Ke decreas4es and b decreases
3
The equilibrium level of income of the open economic model is.
A. 200
B. 400
C. 300
D. 500
4
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
5
The low point in the business cycle is referred to as the
A. Expansion
B. Boom
C. Trough
D. Peak
6
You are gold the level of savings in the economy is Rs.25 billion of equilibrium Using the consumption function C =20 + .9 Y, find equilibrium income .
A. 250
B. 900
C. 450
D. 350
7
The aggregate supply of labor is the
A. Total amount of time a person works over his or her lifetime
B. Total amount of time a person spend in the labor force over his or her life time
C. Unemployment rate
D. Sum of the labor supplied by everyone in the economy
8
If equilibrium national income is less than the full employment the gap can be closed by.
A. Raising taxes
B. Decreasing government expenditures
C. Raising taxes and decreasing government expenditures.
D. Increasing government expenditures.
9
Which of the following will cause a monetary induced change versus a fiscal induced change in equilibrium income as determined.by IS - LM analysis.
A. A shift in the consumption function
B. A shift in government expenditures
C. A change in liquidity preference
D. A change in a government expenditures
10
The multiplier which specifically refers to an equal increase in government spending and taxes, giving rise to that same equal increase in national income is called.
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