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PPSC Economics Topic 3 Macro Economics
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Total Questions20
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Time Allowed20
PPSC Economics Topic 3 Macro Economics
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Question # 1
To avoid double counting when the GNP is estimated, economists
Question # 2
When plotted with the aggregate price level on the vertical axis and output on the horizontal axis, the long run aggregate supply curve.
Question # 3
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 # 4
Find the revenue the government collects as a result of the tax
Question # 5
An increase in the marginal propensity to import.
Question # 6
What adjusts to restore general equilibrium after a shock to the economy.
Question # 7
Which of the following changes shifts the AD curve down and to the left.
Question # 8
During inflation.
Question # 9
If the quantity of money demands is less than the quantity of money supplied then the interest rate will.
Question # 10
When desired national saving equals desired national investment what market is in equilibrium.
Question # 11
Which of the following in a graph with interest rates and income on the vertical and horizontal axes, does not shift the balance of payments curve to the right.
Question # 12
The costs of disinflation would be low if
Question # 13
Which of the following macro economics variables is a cyclical.
Question # 14
The sign of the simple correlation coefficient is determined by
Question # 15
A temporary decline in productivity would cause the IS curve to.
Question # 16
Suppose your company is in equilibrium with its capital stock at the desired level A permanent decline in the expected real interest rate now has what effect on your desired capital stock
Question # 17
If an individual has a money income M of Rs. 999 , the price of X is rs.7.00 per unit and ithe price of Y is Rs. 300 per unit find the equation for the budget lines.
Question # 18
In market economics the incentive that draws entrepreneurs into industry is.
Question # 19
If the reserve deposit ratio is 0.25 and the ratio of currency in circulation to deposits is 0.3, the potential money multiplier will have a value of.
Question # 20
The aggregate demand curve shows the combinations of output and the price level that put the economy on.
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