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
Company X sells Rs.75 million dollars of 9.5% first mortgage bonds at par The company's marginal tax rate to 30% The after tax cost of debt is.
Question # 3
Which of the following procedures is included in the process that produces a value for disposable personal income
Question # 4
In a private sector model
Question # 5
An asset with zero carrying costs and a present value of Rs.50,000 will return continuous annual yield of Rs.5000 if the current and future rate of inters is.
Question # 6
Which of the following does not result in an increase in U.S. autonomous net exports.
Question # 7
When all markets in the economy are simultaneously in equilibrium we say.
Question # 8
In the long run an increase in consumer spending would cause output to ________ and the price level to.___________
Question # 9
The government budget surplus equals
Question # 10
Which of the following is incorrect with respect to the consumption diagram.
Question # 11
The regression equation for consumption as a function of disposable income is C = -60 + 0.90Y .the standard error of Y is 30 and the standard error of estimate is 9.5 What is the 95% confidence interval for C when Y is Rs. 1000 billion.
Question # 12
An invention that speeds up the internet is an example of.
Question # 13
Appreciation of the U.S. dollar results in.
Question # 14
A nation experience external balance if it achieves.
Question # 15
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 # 16
The equilibrium level of employment achieved after the complete adjustment of wages and prices, is known as the.
Question # 17
Classical economics think general equilibrium is attained relatively quickly because.
Question # 18
After a temporary beneficial supply shock hits the economy general equilibrium is restored by
Question # 19
The equilibrium level of income of the open economic model is.
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
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
2
Which of the following macro economics variables is a cyclical.
A. Real interest rates
B. Unemployment
C. Money supply
D. Consumption
3
The equation for the IS curve is.
A. Y = 55 - 50 i
B. Y = 175 - 75 i
C. Y = 300 - 100 i
D. Y = 275 - 25 i
4
If government tax function is T = 80 + .6 Y and the marginal propensity to consume is a constant 8 and increase in GNP of Rs.50 would cause consumption to.
A. Increase by Rs.16
B. Decrease by Rs.16
C. Increase by Rs.40
D. Decrease by Rs.30
5
For a borrower an increase in the real interest rate will lead to.
A. Higher current consumption and less borrowing
B. Higher current consumption and less saving
C. Lower current consumption and less borrowing
D. Lower current consumption and less saving
6
Hyperinflation occurs when
A. The inflation rate rises
B. The inflation Tate declines
C. The inflation rate is extremely high
D. The inflation rate is extremely low
7
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
8
In the Keynesian model which curve is vertical.
A. LRAS
B. SRAS
C. AD
D. NS
9
The origin of the idea of a trae off between inflation and unemployment was a 1958 article by
A. A.W Philips
B. Edmund phelps
C. Milton Friedman
D. Robert Gordon
10
The major source of revenue for the government is.
A. the collection of property taxes
B. The collection of the corporates income tax
C. The collection of excise taxes on gasoline cigarettes and tires
D. The collection of import and export duties in the conduct of foreign trade
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