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 all markets in the economy are simultaneously in equilibrium we say.
Question # 2
Which of the following procedures is included in the process that produces a value for disposable personal income
Question # 3
A nation experiences internal balance if it acieves.
Question # 4
Which of the following is not a category of consumption spending in the national income accounts.
Question # 5
The use of micro economics policies to smooth or moderate the business cycle is known as.
Question # 6
Desired national saving would increase unambiguously if there were
Question # 7
The origin of the idea of a trae off between inflation and unemployment was a 1958 article by
Question # 8
An expansionary supply side shock results in.
Question # 9
The normal interest rate minus the inflation rate is the
Question # 10
In the Keynesian model in the long run an increase in the money supply will raise
Question # 11
The monetary base in composed of.
Question # 12
According to the efficiency wage model during a recession firms will not reduce real wages because.
Question # 13
Which of the following is incorrect with respect to the consumption diagram.
Question # 14
If personal income equals Rs.570 white personal income takes equal Rs.90 consumption is Rs.430. interest payments total Rs. 10 and personal saving is Rs. 40, disposable income equals.
Question # 15
A change in autonomous spending is represented by.
Question # 16
If equilibrium national income is less than the full employment the gap can be closed by.
Question # 17
If the intercept of the consumption function is 75, and MPS is 0.10 the value of consumption expenditures at Yd = Rs. 5,000 is
Question # 18
Firms hire labor at the point where the
Question # 19
An increase in total production causes the demand for money to _____ and the interest rate to ______
Question # 20
Monetary expansion can still be effective in getting out of liquidity trap if it's combined with.
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
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
2
An increase labor supply would cause the IS curve to.
A. Shift up and to the right
B. Shift down and to the left
C. Remain unchanged
D. Shift up and to the right only if people face borrowing constraints
3
In the Keynesian model short run equilibrium occurs where
A. The IS and LM curves interest
B. The IS curve LM curve and FE lines intersect
C. the IS curve intersects the FE line
D. The LM curve intersects the FE line
4
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.
A. Imperfect competition
B. Perfect competition
C. Monopoly
D. Monopsony
5
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.
6
Which of the following factors will cause the demand curve for labor to shift to the right.
A. The demand for the product produced by labor declines.
B. The prices of substitute imputes falls
C. The productivity of labor increases
D. None of the above
7
An increase in autonomous net exports
A. Shifts IS rightward by k, ox
B. shifts IS left eard by k, AX
C. Increase the slope of IS
D. Decreases the slope of IS
8
An increase in the expected future marginal product of capital would cause the IS curve to.
A. Shift up and to the right
B. Shift down and to the left
C. Remain unchanged if firms face borrowing constraints otherwise shift down and to the left
D. Remain changed
9
An economy is in inflationary equilibrium A sustained increase in government appending shifts.
A. DAD rightward for one period
B. DAD and DAS right ward permanently
C. DAD right ward and a new equilibrium
D. DAD right ward and a new equilibrium.
10
If personal income equals Rs.570 white personal income takes equal Rs.90 consumption is Rs.430. interest payments total Rs. 10 and personal saving is Rs. 40, disposable income equals.
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