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.
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Test Instructions:-
Test NameLecturer Economics 
SubjectEconomics Test 43
Test TypeMCQs
Total Questions25
Total Time20 Minutes
Total Marks100

You have 20 minutes to pass to the quiz.

Lecturer Economics Online Test No. 43

1 / 25

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

2 / 25

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

3 / 25

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

4 / 25

When the price level goes up the value of money:

5 / 25

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

6 / 25

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

7 / 25

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

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

For the classical economists unemployment existed because:

11 / 25

In a hyperinflation velocity would be very low:

12 / 25

The simple Keynesian aggregate supply curve is:

13 / 25

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

14 / 25

In a depression economy along a horizontal aggregate supply curve:

15 / 25

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

16 / 25

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

17 / 25

The Keynesian revolution in macroeconomics was that:

18 / 25

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

19 / 25

The simple view of the quantity money assumed:

20 / 25

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

21 / 25

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

22 / 25

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

23 / 25

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

24 / 25

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

25 / 25

In the classical model if desired saving exceeded desired investment:

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