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
Classical economics think general equilibrium is attained relatively quickly because.
Question # 2
In the product market of the circular flow model.
Question # 3
An efficient economy is an economy
Question # 4
A Rs.10 increase in autonomous investment spending shifts is.
Question # 5
Marginal utility is equal to average utility at that time when average utility is.
Question # 6
Which of the following methods is used for internalizaing positive externalities
Question # 7
GDP difference between GNP because.
Question # 8
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 # 9
If the expected rate of inflation rose at the same time the natural rate of unemployment rose the Philips curve.
Question # 10
An increase in wealth that doesn't affect labor supply would cause the IS curve to _________ and the FE line to ____________
Question # 11
In the monetary base is increased by $1,000 and the reserve requirement is 10% by how much will the money supply be increased.
Question # 12
A disadvantage of the barter system is that
Question # 13
Suppose your company is in equilibrium will its capital stock at its desired level A permanent increase in the depreciation rate now has what effect on your desired capital stock. i
Question # 14
Monetary expansion can still be effective in getting out of liquidity trap if it's combined with.
Question # 15
According to classical economists the economy.
Question # 16
Ineven A occurs the payoff will be Rs.5,670.00 . the probability of event A occurring is .87 What is the expected payoff of event A.
Question # 17
Capital goods are
Question # 18
The estimated regression coefficient for good Y indicates
Question # 19
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 # 20
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 .
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
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
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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
Marginal utility is equal to average utility at that time when average utility is.
A. Increasing
B. Maximum
C. Falling
D. Minimum
2
If a Canadian dollar costs 0.75 in terms of U.S. dollars, how much Canadian money would an American need to spend in Canada to get a dollar's worth of U.S. value.
A. 25$
B. 99$
C. Rs.1.25
D. Rs.1.13
3
In the long run a reduction in labor supply would cause output to _______ and the aggregate price level to.
A. fall; rise
B. fall ; fall
C. rise ; fall
D. rise; rise
4
A firm's total labor cost when six workers are employed is Rs.580 When seven workers are employed the total labor cost is Rs.700 the Rs. 120 change in total labor cost represents.
A. Marginal physical product
B. Marginal resources cost
C. Marginal cost
D. Marginal revenue
5
Which of the following is the second law of gossen.
A. Law of equal marginal utility.
B. Law of equi product
C. Theory of indifference curve
D. Law of diminishing marginal utility.
6
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.
A. 1.5 %
B. 2.55
C. 4.0%
D. 1.7%
7
The appropriate expenditure switching policy to correct a balance of payment surplus is.
A. Currency revaluation
B. Currency devaluation
C. Expansionary monetary policy
D. Contractionary fiscal policy
8
Which of the following events would lead to an increase in the marginal product lf labor for every equantity labor.
A. An increase in the real wage
B. A decrease in the real wage
C. A favorable supply shock such as a fall in the price of oil
D. an adverse supply shock such as a reduced supply of raw materials.
9
When the economy goes into are cession there's an increase in.
A. Frictional unemployment
B. structural unemployment
C. Cyclical unemployment
D. Voluntary unemployment
10
Equilibrium occurs in a two sector model when
A. Saving equals investment.
B. Consumption plys investment equals the value of putput
C. Planned saving equals planned investment.
D. Aggregate spending equals the revenues of the business sector
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