Given below on this Website Online Free Taleem is free online MCQ’s test related to PPSC of Lecturer Economics. All the individuals who are going to appear in PPSC Lecturer of Economics written test can attempt these tests in order to prepare for it in best possible way. Our tests include all the important questions MCQs of Lecturer of PPSC Economics, all Past Papers of Lecturer of Economics PPSC  that have extremely high amount of chances for been included in the actual exam which make our test undoubtedly the best source of preparation.


There will be 25 multiple choice question in the test.
Answer of the questions will change randomly each time you start this test.
Practice this test at least 5 times if you want to secure High Marks.
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Test Instructions:-
Test Name Lecturer Economics 
Subject Economics Test 43
Test Type MCQs
Total Questions 25
Total Time 20 Minutes
Total Marks 100

You have 20 minutes to pass to the quiz.

Lecturer Economics Online Test No. 43

1 / 25

The classical quantity theory was abandoned by most macro economists because of:

2 / 25

The basic Keynesian aggregate supply curve modified by the existence of bottlenecks allows for the existence of:

3 / 25

A Keynesian equilibrium with less that full employment can occur on the portion of the aggregate-supply curve that is:

4 / 25

In classical theory, excess supply of a product would be associated with:

5 / 25

In the AD-AS quantity theory a decrease in aggregate demand results in:

6 / 25

The simple Keynesian aggregate supply curve is:

7 / 25

In the classical model if desired saving exceeded desired investment:

8 / 25

According to classical economists velocity would:

9 / 25

Keynes believed that wages were inflexible downwards for all of the following except the existence of:

10 / 25

In a depression economy along a horizontal aggregate supply curve:

11 / 25

The classical school economic philosophy of laissez-faire was challenged by:

12 / 25

According to the classical model if desired saving should unexpectedly decreases, then:

13 / 25

For the classical economists unemployment existed because:

14 / 25

The Keynesian revolution in macroeconomics was that:

15 / 25

When the price level goes up the value of money:

16 / 25

Keynes famous quote that in the long run we are all dead was made in reference to the:

17 / 25

In a hyperinflation velocity would be very low:

18 / 25

Say's law asserts that because investment and savings are equalized by the interest rate any change in supply will automatically result in:

19 / 25

In the public discovers that it can get along with less money:

20 / 25

According to classical quantity theory, if the money supply in the economy in the previous problem decreases to $400 billion:

21 / 25

If the money supply declines by 30% the simple quantity theory of money predicts:

22 / 25

The simple view of the quantity money assumed:

23 / 25

In the simple quantity theory model the value of money is determined by:

24 / 25

In the classical quantity theory the main connection from the money supply to real output is:

25 / 25

In the AD-AS quantity theory model changes in the money supply affect:

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