PPSC FPSC Lecturer Economics Online Test 42 Solved MCQs

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.
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.

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Test Instructions:-
Test Name Lecturer Economics 
Subject Economics Test 42
Test Type MCQs
Total Questions 25
Total Time 20 Minutes
Total Marks 100

You have 20 minutes to pass to the quiz.


1 / 25

According to Say's law:

2 / 25

Full employment in a situation where:

3 / 25

Classical economics is based upon each of the following principles except:

4 / 25

People who would rely on a gold standard rather than allowing government to control the printing of money are concerned about the problem of:

5 / 25

In a recession, classical economists advocated a expansion of the money supply:

6 / 25

The German hyperinflation of the early 1920s was caused by:

7 / 25

During periods of rapid inflation it is likely that:

8 / 25

The existence of bottlenecks in some industries while there is still some unemployment in the economy causes the Keynesian aggregate supply curve to:

9 / 25

An increase in the money supply in the classical quantity theory cases the:

10 / 25

Which would be most likely to gain from a higher that incepted inflation rate?

11 / 25

When industrial countries fall into a recession developing countries:

12 / 25

Ig the aggregate supply curve is horizontal it means that:

13 / 25

According to the simple quantity theorists changes in the money supply will only affect:

14 / 25

At the natural rate of unemployment:

15 / 25

In the classical world, you could always get a job if you:

16 / 25

If you conclude higher prices automatically lowers your standard of living you may be committing the:

17 / 25

According to the classical school unemployment was responsive to changes in:

18 / 25

According to classical quantity theory, the aggregate demand and aggregate supply curves slope:

19 / 25

The Great Depression reached its low point in:

20 / 25

Classical economists did not assume that:

21 / 25

According to the Classical School which of the following is affected by the quantity of money?

22 / 25

Actual total savings equals actual investment:

23 / 25

If real GDP is $2,000 billion, the GDP deflator is 120 and the money supply is $50 billion then velocity equals:

24 / 25

The equation of exchange is written:

25 / 25

In the simple quantity theory of money real GDP is fixed in the short run:

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