NAT II Management Science Economy MCQs With Answers

Question # 1

The per capita income was $742 in 2004-05 but in 2005-06, rose to:

Choose an answer

$ 795

$ 847

$ 880

$900

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Question # 2

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

Choose an answer

Hyderabad

Karachi

Multan

Charsadda

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Question # 3

To find the profit maximizing level of output, a firm finds the output level where:

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Price equals marginal cost

Marginal revenue and average total cost

Price equals marginal revenue

None of the given options

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Question # 4

The long run aggregate supply curve will shift to the right if:

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The price level increases.

Factors of production (such as labor and capital) increase

Expenditures (such as consumption and net exports) increase.

The prices of inputs used to produce goods and services (such as wages and the price of oil)descreases

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Question # 5

In inflation prices:

Choose an answer

Increase

Do not change

Decrease

Become zero

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Question # 6

The Kachhi Canal water project shall be completed in:

Choose an answer

September 2008

June 2008

April 2009

December 2008

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