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

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

  • Total Questions20

  • Time Allowed20

PPSC Economics Topic 13 Mathematics in Economics

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Question # 1

An equation in which all variables are raised to the first power is known as.

Question # 2

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 # 3

Union of A and a null set is equal is.

Question # 4

A negative definite Hessian fulfills the second order conditions for.

Question # 5

The increase in dependent variable that results when the independent variable increases by one unit in a simple lines. function is called.

Question # 6

A function where a variable x can only very in jumps, is often called.

Question # 7

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

Question # 8

A mathematical statement setting two algebraic expressions equal to each other is called.

Question # 9

The determinant of quadratic form is called.

Question # 10

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

Question # 11

Union of A and the universal set is

Question # 12

Unknown values in an equation are called.

Question # 13

The associative law of union is

Question # 14

Given or known values in an equation are called.

Question # 15

Collection of well defined distinct objects thought of as a whole is called

Question # 16

The variable that stands alone on the left hand side of the equation such as y = 2x + 1 is known as.

Question # 17

A variable which is free to take any value we choose to assign to it is called.

Question # 18

The point at which the graph cuts the x axis is called.

Question # 19

If a consumer's budget constraint is given as P, X,+ Py Y = B thent he absolute slope of the budget line is.

Question # 20

The slope of a horizontal line is.

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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 The value of the dependent variable where the graph cuts the y-axis is called.
A. X - intercept
B. Y- intercept
C. Slope
D. None of these
2 A polynomial equation with degree two a called.
A. Linear equation
B. Quadratic equation
C. Parabola equation
D. All of the above
3 A possible use in economies for the circle of the ellipse is to model.
A. Production possibility curve
B. Demand curve
C. Iosco line
D. Supply curve
4 If the determinant formed by the elements of the matrix is not equal to zero, then the matrix is called.
A. Skew symmetric
B. Symmetric
C. Singular
D. Non -singular
5 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.
A. Dependent variable
B. independent variable
C. Endogenous variable
D. Explained variable
6 The increase in dependent variable that results when the independent variable increases by one unit in a simple lines. function is called.
A. Y intercept of the curve
B. Slope of the curve
C. X intercept of the curve
D. Marginal value
7 Given the demand and supply cautions qo = -8p + 2000 and qs = 12 p - 200 respectively the equilibrium price.
A. p = 100
B. p = 110
C. p = 120
D. p = 140
8 Which method is used for finding inverse of a matrix.
A. Gauss elimination method
B. Henrich standard method
C. Co factor method
D. Both a and c
9 A determinant compose of all the second order partial derivatives, with the second order direct partials on the principal diagonal and the second order cross partials off the principal diagonal and which is used to second order condition of optimization is called.
A. Jacobian determinant
B. Hessian determinant
C. Discriminant
D. None of these
10 Who is regarded as the founder of theory of sets.
A. Adam Smith
B. Karl Frederich Gauss
C. George cantor
D. Euller

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