PPSC Economics Chapter 4 Monetary & Fiscal Policy Preparation Online Test

Punjab Public Service Commission, PPSC takes the competitive exam to offer the deserving candidates suitable positions in several governmental organizations. Candidates who are willing to apply for the coming PPSC examination session with the subject of Economics are advised to start their preparation as soon as possible. The reason behind this endorsement is that candidates with exceptional results secure suitable positions and the exceptional result is a result of exceptional preparation.

PPSC Economics Test Chapter 4 Syllabus

Monetary and Fiscal Policy is chapter IV in Economics subject for PPSC test. The chapter covers almost all the terms and differences between Monetary Policy and Fiscal Policy. After attempting several times the given PPSC online test, candidates will become able to know the important questions related to monetary and fiscal policy. The given Economics online test is comprised of the questions that are important according to the examination point of view. So, you are advised to attempt the given test several times to get a good grip on chapter IV of Economics subject.

PPSC Economics Ch. 4 Test

Online MCQ's Test For PPSC Economics Chapter 4 Monetary & Fiscal Policy

Try The MCQ's Test For PPSC Economics Chapter 4 Monetary & Fiscal Policy

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PPSC Economics Chapter 4 Monetary & Fiscal Policy

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Question # 1

Suppose a new law imposes a tax on all trades of bonds and stock What is the likely effect on money demand.

Question # 2

An item designed as money that is intrinsically worthless could the.

Question # 3

You know that all taxes are distortionary under what conditions will this knowledge lead you to appose the imposition of every single tax in the economy.

Question # 4

Which of the following would qualify as an aggregate supply shock.

Question # 5

Other things equal a decrease in autonomous consumption shifts the _____ curve to the

Question # 6

The economic logic behind granting central bank's independence from governmental the conduct of monetary policy is.

Question # 7

Which of the following causes M1 demand to decrease.

Question # 8

According to the Laffer curve as tax rates increase tax revenues.

Question # 9

Equilibrium in the money markets can be expressed by the equation i = 9k/h) Y -M/h. The slope of LM decrease when

Question # 10

Fiscal policy is purposeful movements in _____designed to direct an economy

Question # 11

An increase in government spending causes the equilibrium level of aggregate output to_______ at any given interest rate and shifts the ____ curve to the

Question # 12

The purpose of financial intermediaries is.

Question # 13

The quantity of money demanded increases with income Thus if income increases the opportunity cost of holding money demand and re establish equilibrium in the money market This relation is captured by.

Question # 14

Given fixed exchange rates assume Pakistan initiates contractionary monetary ad fiscal policies to combat inflation. these policies will also.

Question # 15

A decrease iin money demand other thing equal shifts the _____ curve to the

Question # 16

Consider the five panels of the figure on the previous page in which panel would fiscal policy be the strongest.

Question # 17

A monetary expansion is characterized by

Question # 18

An example of discretionary fiscal policy would be.

Question # 19

The function of money do not include.

Question # 20

"Transactions" money is money used as a

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