Tests of Economics

Economics MCQs

97

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Economics Quiz

1 / 25

The  shape  of  rectangular   hyperbola  is made  by ;-

2 / 25

Pakistan started its planning experience with:-

3 / 25

At  present  the  base  year  for  measuring   national  income  at  constant   prices  is   :-

4 / 25

The aggregate supply curve  in a realistic Keynesian world are:-

5 / 25

Which  pairs  of   commodities  is  an example  of  substitute ;-

6 / 25

Investment depends on:-

7 / 25

Demand   for  factors  of production  is  ;-

8 / 25

The   horizontal  demand  curve   parallel  to  x axis  implies that  the  elasticity   of  demand is :-

9 / 25

An increase in national income is:-

10 / 25

Reducing inflation is a more important objective than economic growth' is an example of:-

11 / 25

Which kind of economics deal with issues, such as unemployment, inflation, and economic growth:-

12 / 25

Which  oligopoly  models  is concerned  with the  maximization  of  joint  profits :-

13 / 25

If indirect taxes are deducted from NNP and subsidies are added we achieve:-

14 / 25

Wealth of Nation' was written in:-

15 / 25

If the price elasticity of demand for a product in market A is -0.2 and in market B is -3 a price discriminator will charge:-

16 / 25

For a firm operating in two markets and price discriminating the profit maximizing condition is:-

17 / 25

Which  is  not  a  central  problem  of  an economy;-

18 / 25

The  AR curve  and  industry   demand   curve   are  same  in  case  of :-

19 / 25

Which is the basic economic problem which is common in all economic systems:-

20 / 25

In a recession:-

21 / 25

A decrease in the supply of labour is likely is lead to :-

22 / 25

Market   failure may  not arise  in  the  case  of  :-

23 / 25

In the  short  run  , when  the  output   of  a  firm increase   its  average   fixed  cost ;-

24 / 25

Purchasing  power  parity  theory   was  propounded  by Gustac   Cassele  in  years ;-

25 / 25

Net export equal:-

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