More Classes
5th Class
6th Class
7th Class
8th Class
9th Class
10th Class
11th Class
12th Class
NAT I
NAT II
CSS
IQ
General Knowledge
MDCAT
ECAT
GAT General
GAT Subject
Other Links
Go to Home
Online Tests
NAT II Management Science Economy MCQs With Answers
Question # 1
During 2005-06, the construction sector contributed 9.2 percent to GNP and the share of fishing was:
Choose an answer
9.2percent
4.4percent
1.9percent
-3.6percent
Previous
Skip
Next
Question # 2
Which of the following event will lead towards cost-push inflation and therefore stagflation?
Choose an answer
An increase in taxes on individuals
A decrease in real interest rates
A union settlement that increases wage levels
An increase in government purchases
Previous
Skip
Next
Question # 3
A nation's balance of payments can be affected by changes in:
Choose an answer
Foreign income
The differential between domestic and foreign interst rates
The real exchange rate
All of the given options
Previous
Skip
Next
Question # 4
Which of the following is true about supply curve under monopoly?
Choose an answer
It is same as the competitive market supply curve
It is the portion of marginal cost curve where marginal costs exceed the minimum value of average variable costs
It is the result of market power and production costs
None of the given statements is true
Previous
Skip
Next
Question # 5
In monopoly, which of the following is NOT true?
Choose an answer
Products are differentiated
There is freedom of entry and exit into the industry in the long run
The firm is a price maker
There is one main seller
Previous
Skip
Next
Question # 6
Which Economists presented the law of diminishing marginal utility:
Choose an answer
Robbins
Malthus
Adam Smith
Marshall
Previous
Skip
Next
Back