PPSC FPSC KKPSC BPSC SPSC AJKPSC Lecturer Economics Test 45

Leave a Comment / By Hassan / January 19, 2022

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.

Note:-

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.
At the End of the Test you can see your Test score and Rating.
If you found any incorrect answer in Quiz. Simply click on the quiz title and comment below on that MCQ. So that I can update the incorrect answer on time.

Please Click Below START Button to Take this Lecturer Economics Test Online.

Test Instructions:-
Test Name	Lecturer Economics
Subject	Economics Test 45
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. 45

1 / 25

The Keynesian equilibrium condition for an open economy is given by:

Y = C

Y = C + I

Y = C + I + G

Y = C + I + G + (X - M)

2 / 25

In the classical model desired saving would always be equated to desired investment by:

flexible wages and prices

interest rate

changes in real output

government efforts to stabilize the economy

3 / 25

Which of the following are durable use producer-goods?

fertilizers

tractors

diesel oil

offer for cattle

4 / 25

Transfer payments refer to payments which are made:

without any exchange of goods and services

to workers on transfer from one job to another

as compensation of employees

none of them

5 / 25

Net retained earnings abroad means:

income retained by a resident working abroad

profits of resident companies abroad

net undistributed profits of resident and non-resident companies

foreign exchange reserves

6 / 25

Which of the following is an economic activity?

medical facilities rendered by a charitable dispensary

teaching one's own child at home

a housewife doing household duties

listening to music on the radio

7 / 25

The Keynesian income/expenditure model assumes:

flexible wages and prices

crowding out due to interest rate changes

spending by C + I + G + (X-M)

a full-employment economy was the problem to be solved

8 / 25

Which of the following is deducted while estimating national income by the value-added method?

value of goods and services produced for self-consumption

imputed rental value of owner-occupied building

net factor income from abroad

consumption of capital

9 / 25

Gross domestic fixed-capital formation does not include:

net purchase of second-hand assets by private corporate sector from government

net imports of second-hand machinery from abroad

own account production of new assets

construction of new roads and bridges

10 / 25

In the income/expenditure model an increase in investment expenditures causes output to:

increase by less than the change in investment

increase by the same amount as the change in investment

increase by more than the change in investment

decrease by less than the change in investment

11 / 25

An increase in the marginal prosperity to consume causes the expenditure multiplier to:

decrease

stay the same

increase

increase by same amount

12 / 25

If equilibrium income is equal to Y = $25,000, what will be the new equilibrium value of Y if increases by $100 and the MPS is 0.1?

$1,000

$24,000

$25,000

$26,000

13 / 25

Collective wants include:

sum total of all goods and services wanted by individuals

goods like refrigerators shared by members of a family

newspapers

defense of a country

14 / 25

Value of output differs from the value added by the amount of:

wages and salaries

intermediate consumption

indirect taxes

gifts received from abroad

15 / 25

Which of the following is not an equivalent statement of Keynesian equilibrium in the model without government?

aggregate expenditures equal output

unintended investment equals saving

unintended investment is zero

desired investment equals saving

16 / 25

In the major econometric models used by private and government policy makers the value of government expenditure multipliers vary from:

0 to 2.7

4 to 10.4

10 to 15.4

15 to 25

17 / 25

If the aggregate supply curve is vertical the value of the spending multiplier is:

less than one

equal to one

greater than one

18 / 25

Which of the following sequences correctly describes how changes in government taxes affect consumption spending?

T affects government spending which alters C

T affects disposable income which alters C

T affects investment spending which alters C

T directly alters C dollar for dollar

19 / 25

According to the simple multiplier, if the marginal prosperity to consume is 0.9 an increase of $1 billion in government spending which is financed by a $1 billion increase in taxes will cause output to:

increase by $10 billion

increase b $9 billion

increase by $1 billion

stay the same

20 / 25

While estimating national income by the income method one of the following is not included. Identify it.

mixed income of the self employed

inheritance tax or death duty

interest on bonds of a foreign company

income of employees of voluntary organisation

21 / 25

Which of the following is closest to the concept of economic production?

sale of goods and services for profit

manufacture of goods

addition to the value of commodities

addition to the stock of goods and services for future use

22 / 25

Crowding out occurs when:

government spending falls as a result of a tax cut

investment falls as a result of an increase in interest rates

consumers reduce spending on substitutes for goods now provided by the government

either b or c

23 / 25

Workers are willing to accept a cut in their nominal wages if:

everyone else accepts a wage cut

interest rates are expected to rise

the expected price level rise

unemployment benefits are reduced

24 / 25

Personal disposable income is:

always equal to personal income

always more than personal income

equal to personal income minus direct taxes paid by household

equal to personal income minus indirect taxes

25 / 25

The aggregate demand curve is drawn assuming all of the following are constant except

price level

nominal money, supply

tax rates

Your score is

The average score is 0%

PPSC FPSC KKPSC BPSC SPSC AJKPSC Lecturer Economics Test 45

Related

Leave a Comment Cancel Reply

Related

Popular Posts

Leave a Comment Cancel Reply