PPSC Economics Topic 4 Monetary & Fiscal Policy

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

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Shiza Amir 25 - May - 2022 02 Min 08 Sec 18/20
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khurram shazzz 02 - Mar - 2022 04 Min 47 Sec 18/20
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Shahida 01 - Sep - 2021 06 Min 25 Sec 17/20
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Ayesha siddiqa 02 - Jul - 2021 19 Min 10 Sec 17/20
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Tayyeba 29 - Jun - 2021 09 Min 28 Sec 16/20
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Funny world with amazing facts 22 - Apr - 2022 06 Min 10 Sec 15/20
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sidra Naeem 22 - May - 2022 13 Min 44 Sec 13/20
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Abdul Qayyum 25 - May - 2024 07 Min 53 Sec 12/20
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Hassan Mehmood 03 - Apr - 2022 08 Min 20 Sec 12/20
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Shama Suleman 21 - May - 2022 12 Min 21 Sec 12/20
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Amjad Ali 07 - Jun - 2023 12 Min 49 Sec 12/20
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Shad Ali Shah 27 - Jul - 2024 15 Min 17 Sec 12/20
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DJ DJ 12 - Aug - 2022 11 Min 02 Sec 11/20
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zaheer hussain 18 - Jan - 2024 14 Min 06 Sec 11/20
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Mahnoor NaSir 24 - May - 2022 07 Min 27 Sec 9/20

PPSC Economics Chapter 4 Important MCQ's

Sr.#	Question	Answer
1	Which of the following persons would be considered unemployed.	A. a house wife B. A person who worked more than 20 hours in a family owned business C. A 15 years old looking for summer employment D. A recent college graduate looking for her fist job
2	Short run contractionary Fiscal policy would result in.	A. Aggregate demand moving to the right B. Aggregate supply moving to the right C. Aggregate demand moving to the left D. Aggregate supply moving to the left
3	What happens to the money supply if the deficit is financed by selling bonds to the central bank.	A. The money supply increases B. The money supply decreases C. The money supply is unaffected D. We cannot tell what will happen to the money supply
4	Knowledge of the money supply can lead to good predications of nominal GDP only	A. If the price level is stable B. If the money supply is stable C. Over very short periods of time D. If the determinants of velocity are known
5	An increases in the quantity of money supplied shifts the money supply curve to the _____and the LM curve to the	A. right ; left B. right ; right C. left ; left D. left ; right
6	The economic logic behind granting central bank's independence from governmental the conduct of monetary policy is.	A. To eliminate seignior age B. To allow open market operations C. To enhance the credibility of monetary policy. D. None of the above
7	If a perfectly competitive industry is in long run equilibrium all firms will	A. Have a marginal costs B. Have identical supply curves C. Operate at the point where marginal cost just covers all variable costs D. Have equal fixed costs
8	The purpose of fiscal policy is to	A. Alter the direction of the economy B. Change people's attitudes toward governemnt C. Educate people as to the importance of economics D. Offer insight into the way thing work
9	The ____ lag for fiscal policy is generally _____ than it is for monetary policy.	A. Recognition ; shorter B. Recognition ; longer C. Implementation ; shorter D. Implementation ; longer
10	A sale of bonds by the central bank should cause.	A. A fall in the interest rate B. An increase in the money supply C. A decrease in the reserves of the commercial banks D. An increase in the commercial banks loans to the public

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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

When the value of the Rupee rises Pakistan goods become _____ expensive relative to foreign goods which ___ exports.

If the central Bank wished to Tighten money is would.

The money multiple tells us teh ultimate increase in.

An expansionary monetary policy

An increase in expected inflation is likely ot cause.

Credit constitutes.

The IS curve shifts to the left when

The ____ lag for fiscal policy is generally _____ than it is for monetary policy.

"Far better for central bankers to get out of the fine tuning business instead they should d try to keep.

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

An autonomous rise in the value of the Rupee makes Pakistan goods _____ expensive relative to foresight goods which ______ net exports

A checking deposit held at a commercial bank is considered ______ of that bank.

If a perfectly competitive industry is in long run equilibrium all firms will

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

The central bank and the government are working against each other if as the government cuts taxes the central bank

Despite an expansionary monetary policy an economy experiences a recession the recession could occur in spite of the right ward shift of the LM curve if

The budget deficit tends to decrease when

The parable of Riding a Switchback suggests that stabilizing policy.

When your grandmother keeps her savings hidden under her mattress she is using money as.

Per Capita income is obtained by dividing National income by

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

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Topic Test

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

PPSC Economics Chapter 4 Important MCQ's

Test Questions

When the value of the Rupee rises Pakistan goods become ___ expensive relative to foreign goods which _ exports.

The lag for fiscal policy is generally _ than it is for monetary policy.

An autonomous rise in the value of the Rupee makes Pakistan goods _ expensive relative to foresight goods which __ net exports