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.
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Test Instructions:-
Test NameLecturer Economics 
SubjectEconomics Test 42
Test TypeMCQs
Total Questions25
Total Time20 Minutes
Total Marks100

You have 20 minutes to pass to the quiz.


1 / 25

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

2 / 25

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

3 / 25

Actual total savings equals actual investment:

4 / 25

According to Say's law:

5 / 25

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

6 / 25

The Great Depression reached its low point in:

7 / 25

At the natural rate of unemployment:

8 / 25

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

9 / 25

Ig the aggregate supply curve is horizontal it means that:

10 / 25

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

11 / 25

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

12 / 25

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

13 / 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:

14 / 25

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

15 / 25

When industrial countries fall into a recession developing countries:

16 / 25

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

17 / 25

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

18 / 25

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

19 / 25

Full employment in a situation where:

20 / 25

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

21 / 25

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

22 / 25

The equation of exchange is written:

23 / 25

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

24 / 25

During periods of rapid inflation it is likely that:

25 / 25

Classical economists did not assume that:

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