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 classical economists unemployment rises in recessions due to an increase in ______ unemployment , not in _______ unemployment.
Question # 3
Two independent variables are not independent of each other in a multiple regression problem The analyst most likely will be confronted with.
Question # 4
A disadvantage of the barter system is that
Question # 5
Which of the following is incorrect with respect to the consumption diagram.
Question # 6
Which of the following macro economic variables doesn't vary much ove the seasons.
Question # 7
A rise in the price of bond causes the yield of the bond to.
Question # 8
After a temporary beneficial supply shock hits the economy general equilibrium is restored by
Question # 9
A temporary decrease in government purchases would cause.
Question # 10
Economic planning by enteral government agencies is primarily associated with
Question # 11
In which of the following situations will an increase in the money supply have no effect upon equilibrium income.
Question # 12
The origin of the idea of a trae off between inflation and unemployment was a 1958 article by
Question # 13
A temporary adverse productivity shock would.
Question # 14
The equilibrium level of employment achieved after the complete adjustment of wages and prices, is known as the.
Question # 15
Utility means.
Question # 16
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.
Question # 17
When plotted with the aggregate price level on the vertical axis and output on the horizontal axis, the long run aggregate supply curve.
Question # 18
When the Central Bank initiates actions which will lead to an increase in the supply of money IS -LM models tell us to expect that.
Question # 19
Suppose nominal GNP is Rs.500 in year 1, the base year If the GNP deflator doubles by year 6 while real output has increased 40% nominal output in year 6 equals.
Question # 20
The sign of the simple correlation coefficient is determined by
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
An import function is 100+0.1 Y and exports are exogenous. If income (Y) is 500, and there is a trade deficit of 50, then exports are.
A. 0
B. 25
C. 75
D. 100
2
The Root Mean square Error for the actual sales and sales forecast for 1985 and 1986 is.
A. 20.2
B. 19.9
C. 14.7
D. 17.2
3
Classical economics think general equilibrium is attained relatively quickly because.
A. The real interest rate adjusts quickly
B. The level of output adjusts quickly.
C. The real wage rate adjusts quickly
D. The price level adjusts quickly.
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
"Economics is what economists do " It has been supported by.
A. Richard jones
B. Comte
C. Gunnar Myrdal
D. All of the above
6
An invention that speeds up the internet is an example of.
A. An income effect
B. An increase in labor
C. A substitution effect
D. A supply shock
7
Which of the following is the most liquid.
A. A savings account
B. A 6 months CD
C. A home
D. Water
8
When investment spending is negatively related to the rate of interest, equilibrium income in the goods market.
A. Is unrelated to the rate of interest
B. Is positively related to the rate or interest
C. Inversely related to the rate of interest
D. Falls as the rate of interest decreases
9
According to the efficiency wage model during a recession firms will not reduce real wages because.
A. Unions would go on strike reducing profitability
B. This would reduce worker effort and productivity.
C. The equilibrium real wage has increased
D. Legally, they can't
10
Which of the following represents monetary policy geared to increases the supply of money.
A. The purchase of bonds by the Federal Reserve Bank
Home
News
Colleges
Courses
Admission
Lectures
Online Test
Past Papers
Date Sheets
Results
Study Abroad
Jobs
Tutors
More
Apps
.jpg)
Share your comments & questions here
No comments yet. Be the first to comment!