PPSC Economics Topic 4 Monetary & Fiscal Policy

Top Scorers Of PPSC Economics Topic 4 Monetary & Fiscal Policy MCQ`s Test

S

Shiza Amir 25 - May - 2022 02 Min 08 Sec 18/20
K

khurram shazzz 02 - Mar - 2022 04 Min 47 Sec 18/20
S

Shahida 01 - Sep - 2021 06 Min 25 Sec 17/20
A

Ayesha siddiqa 02 - Jul - 2021 19 Min 10 Sec 17/20
T

Tayyeba 29 - Jun - 2021 09 Min 28 Sec 16/20
F

Funny world with amazing facts 22 - Apr - 2022 06 Min 10 Sec 15/20
S

sidra Naeem 22 - May - 2022 13 Min 44 Sec 13/20
A

Abdul Qayyum 25 - May - 2024 07 Min 53 Sec 12/20
H

Hassan Mehmood 03 - Apr - 2022 08 Min 20 Sec 12/20
S

Shama Suleman 21 - May - 2022 12 Min 21 Sec 12/20
A

Amjad Ali 07 - Jun - 2023 12 Min 49 Sec 12/20
S

Shad Ali Shah 27 - Jul - 2024 15 Min 17 Sec 12/20
D

DJ DJ 12 - Aug - 2022 11 Min 02 Sec 11/20
Z

zaheer hussain 18 - Jan - 2024 14 Min 06 Sec 11/20
M

Mahnoor NaSir 24 - May - 2022 07 Min 27 Sec 9/20

PPSC Economics Chapter 4 Important MCQ's

Sr.#	Question	Answer
1	When considering any kind of economics indicator, prices are important because.	A. They reflect the value of goods and services. B. They are established by the government to control population 's needs C. They categorize goods and services by their weight D. Historically they have proved to the good predictors of futures unemployment.
2	If the Bank of Pakistan wished to pursue an expansionary monetary policy it would.	A. Increase the minimum reserve asset ratio B. Sell government securities on the open market C. Buy government securities on the open market D. Raise interest rates.
3	A 15% VAT is a.	A. Proportional income tax B. Fixed excise duty C. Ad valorem indirect tax D. None of the above
4	In the ISLM framework an expansionary monetary policy causes aggregate output to _____________ and the interest rate to	A. increase ; increase B. Increase ; decrease C. decrease ; decrease D. decrease ; increase
5	A decrease in autonomous consumer expenditure causes the equilibrium level of aggregate output to __________ at any given interest rate and shifts the ___ curve to the __________	A. rise ; LM ;right B. rise ; IS ; right C. Fall ; LM ; left D. rise ;IS; Left
6	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.	A. If you live in a 1st best world. B. If you live in a 2nd best world C. If the tax rates on some of the items are prohibitively high D. Either of the above
7	The board pumps money out of the economy by	A. Buying bonds B. Selling bond C. Creating cash D. Lowering the reserve requirements.
8	The use of money is more efficient than barter because the introduction of money	A. Reduces the need for economic specialization B. Reduces the need to exchange goods C. Reduce the need for other stores of value D. Reduces transaction costs
9	During the early years of the Great depression there was a significant decrees n the the money supply that causes. the ______ to shift____	A. LM ; Leftward B. LM ; rightward C. IS ; Leftward D. IS ; rightwards
10	There are ______ methods of measuring GDP	A. Three B. Four C. Five D. None

Latest Educational News Stories

Pakistan's Largest Database of Colleges and Universities

BS Programs

University Past Papers

University Results

Exam Results 2024

Study Abroad Programs and Opportunities for Pakistani Students

PPSC Economics Topic 4 MCQS Test Preparation

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

PPSC Economics Topic 4 Monetary & Fiscal Policy

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

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

If the original money supply is MSo and the original demand for money is MDo then

The board pumps money out of the economy by

The quantity of money demanded varies

An increase in spending those results from expansionary _______ policy cause the interest rate to.

Per Capita income is obtained by dividing National income by

If Federal reserve conducts open market sales, the money supply ___ shifting the LM curve to the_____

You move some of your savings account balance into your checking account.

"The earlier predictions underestimated currency in circulation and treasury balances at the Fed, both of which drained reserves from the banking system" Lower reserves means.

To move from point E to point E1 is consistent with.

The investment demand curve shows the relationship between the levels of.

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

If the central Bank wished to Tighten money is would.

Suppose velocity is constant and the real income elasticity of the demand for money is less than one then estimating inflation as money growth rate minus real growth rate.

At any given level of the interest rate expectations are likely to be___________ optimistic and planned investment is likely to be ______ when _________ is growing rapidly than when it is growing slowly or falling.

Actual equilibrium is Rs. 1,500 billion and full employment is Rs. 2,500 MPC = 0.75 taxes are zero , and prices are adjustable To eliminate the observed deflationary gap , the government should.

If the Central Bank wanted to decrease the quantity of money held by the public it would.

What major advantage of monetary policy over fiscal policy does this clipping underline.

An increase in the money supply other thighs equal shifts the ______ curve to the

Prepare Complete Set Wise PPSC Economics Topic 4 Monetary & Fiscal Policy MCQs Online With Answers

Set 1

Set 2

Set 3

Set 4

Set 5

Set 6

Set 7

Set 8

Set 9

Set 10

Set 11

Set 12

Set 13

Set 14

Topic Test

Top Scorers Of PPSC Economics Topic 4 Monetary & Fiscal Policy MCQ`s Test

PPSC Economics Chapter 4 Important MCQ's

Test Questions

If Federal reserve conducts open market sales, the money supply _ shifting the LM curve to the___

At any given level of the interest rate expectations are likely to be_ optimistic and planned investment is likely to be when _ is growing rapidly than when it is growing slowly or falling.