PPSC Economics Topic 13 MCQS Test Preparation

If you have completed your higher education in the economy subject and now are looking to start your professional career through PPSC then you are at the right place now. The team of Ilmkidunya offers you online MCQs tests of economics subject. Candidates can find Topic -wise tests and full book tests. For every single Topic  or category, separate sections are designed. Here on this page candidates can find the MCQS PPSC test for Topic  13.

MCQ's Test For PPSC Economics Topic 13 Mathematics in Economics

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PPSC Economics Topic 13 Mathematics in Economics

00:00
Question # 1

If any equation involving two variables, such as y -=2x + 1, the variable that appears on the right hand side of the equation is by convention called.

Question # 2

For any square matrix a of order 'n'a (Ad)A) is equal to.

Question # 3

if we are told that the two statements y = 3x2 and y = x + 10' are bout true at the same time , they are called.

Question # 4

If a Set C contain all the elements which are present in both the set A and B then set C is called.

Question # 5

The equilibrium price and quantity , given the inverse demand and supply functions.
po = 3q +30 and p s = 2q -5

Question # 6

The set of 'stars in the sky' is an example of

Question # 7

The set of subsets of a set A is called.

Question # 8

If all the elements of a matrix of any order are zero, it is called.

Question # 9

The associative law of union is

Question # 10

Ordered Pairs of two sets are called.

Question # 11

AB = BA = 1 , then B is said to

Question # 12

A negative definite Hessian fulfills the second order conditions for.

Question # 13

A matrix with all elements zero other than all the diagonals is called.

Question # 14

A linear function of the form 6x2 - 2y + 8 = 0 is known as.

Question # 15

Union of A with A, that is A U A.

Question # 16

if A = A , then A is

Question # 17

A possible use in economies for the circle of the ellipse is to model.

Question # 18

A set totality of elements from all possible sets is called.

Question # 19

If each element of a raw of column of a square matrix A is zero, then the value of the determinant. is.

Question # 20

A square matrix A, such that A = A ' is called a

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Economics
13th Chapter

PPSC Economics Chapter 13 Test

Here you can prepare PPSC Economics Chapter 13 (Mathematics For Economics) Test. Click the button for 100% free full practice test.

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PPSC Economics Chapter 13 Important MCQ's

Sr.# Question Answer
1 Unknown values in an equation are called.
A. Constants
B. Numeraire
C. Variables
D. All of the above
2 If a consumer's budget constraint is given as P, X,+ Py Y = B thent he absolute slope of the budget line is.
A. B
B. x/y
C. P/Py
D. None of these
3 In a matrix , if there is only one row but any number of columns, it is called.
A. Row matrix
B. Column matrix
C. Raw vector
D. Both a and c
4 If each element of a raw of column of a square matrix A is zero, then the value of the determinant. is.
A. Equal
B. One
C. Zero
D. None of these
5 The simplest form of rectangular hyperbola is
A. y = 1/x
B. y = x2
C. y = x-2
D. y = x3
6 If two sets contain the same distinct elements, then they are called.
A. Equal sets
B. Unequal sets
C. Equivalent sets
D. All of the above
7 If matrix A is matrix of order n x m and B is another matrix of order m x n, then BA will be the matrix of order.
A. n x m
B. m x n
C. n x n
D. m x m
8 if we are told that the two statements y = 3x2 and y = x + 10' are bout true at the same time , they are called.
A. Implicit functions
B. explicit functions
C. Simultaneous equations
D. Quadratic equations
9 A diagonal matrix whose diagonal elements are equal is called.
A. Unit matrix
B. Singular matrix
C. Scalar matrix
D. Non singular matrix
10 A inverse is defined only if A is a
A. Square matrix
B. Column vector
C. Orthogonal matrix
D. Skew symmetric matrix

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