Question # 1

For a study of the long term growth of the economy, we use:

Real GNP

Nominal GNP

Personal income

Disposable personal income

The economy gets prosperity during:

Recession

Boom

Depression

Recovery

When price falls supply:

Expands

Contracts

Remains zero

Becomes fixed

What was the growth recorded by the manufacturing sector during 2005-06?

4.2 percent

5.5percent

7.3percent

8.6percent

In February 2006, the Avian Influenza was reported by poultry farm in:

Hyderabad

Karachi

Multan

Charsadda

NAT II Management Science Economy MCQs With Answers