Question # 1

Which of the following is a patriarchal value.

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Sympthy

Domination

Cooperation

Love

Who among the following is concerned with deep acology.

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Arne Naes

Warwick fox

Kant

None of these

Research adopted by

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Scientific method

Political method

Invidia method

Public method

A decrease iin money demand other thing equal shifts the _____ curve to the

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IS ; right

Is ; Left

LM ; Left

LM ; Rfight

Increased levels of spending on imports

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shift aggregate supply to the right

Shift aggregate supply to the left

Shift aggregate demand to the right

Shift aggregate demand to the left

Law of variable proportion sis applicable in.

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Short run

Long run

Anytime

Fore ever

If A is preferred to B and B is preferred to C and there is indifference between A and D

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D is preferred to C

B is preferred to D

There is indifference between C and D

There is indifference between B and D

The extra utility from consuming one more unit of a good is called.

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Marginal utility

Additional utility

surplus utility

Bonus utility

The concept of the intuition of deep ecology is related to.

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Kant

Warwick fox

Spinoza

All of these

In the classical model of Ricardo the direction of trade is delemined by.

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Absolute advantage

Comparative advantage

Physical advantage

Which way the wind blows

The word economics derives from an early Greek term that means management of a.

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Business

Government

House hold

Financial institution

Who stated statistics as 'aggregate of knowledge brought together for practical ends.

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W.I. King

A.L Bowley

Prof. H secrist

None of the above

In a fixed exchange rate regime, the central bank will intervene by __ pounds to ______ the exchange rate.

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Selling, increase

buying , increase

selling, reduce

both b and c

A demand curve shows the relation between the quantity demanded to a commodity over a given time and.

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the testes of consumer

The money income of cosumer

The price of related commodities

The price of the commodity

Which provide a shorthand summary of data.

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Frequency table

Simple table

Cross table

Two way table

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

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Y intercept of the curve

Slope of the curve

X intercept of the curve

Marginal value

Barriers to entry do not include

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Patents

Internal economics of scale

Mobility of resources

High investment costs

If equilibrium national income is less than the full employment the gap can be closed by.

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Raising taxes

Decreasing government expenditures

Raising taxes and decreasing government expenditures.

Increasing government expenditures.

The Harrod -Domar models are based on the restrictive assumption of.

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Increasing saving income ratio

Decreasing saving income ratio

Low saving income ratio

Constant saving income ratio

The price mechanism cannot.

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Act as a signal

Act as an incentive

Act as a rationing device

Shift the demand curve

Which of the following best defines price discrimination.

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Charging different prices on the basis of race

Charging different prices for goods with different costs of production

Charging different prices based on cost of service differences.

Selling a certain product of given quality and cost per unit at different prices to different buyers

Given fixed exchange rates assume Pakistan initiates contractionary monetary ad fiscal policies to combat inflation. these policies will also.

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Reduce a balance of payments surplus

Reduce a balance of payments deficit

Increases both imports and exports

Decrease both imports and exports

The cliche that "the punishment should fit the crime" originated in the writing of.

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Plato

Thomas Aquinas

Jeremy Bentham

David Hume

The equilibrium price and quantity , given the inverse demand and supply functions.

po = 3q +30 and p s = 2q -5

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p = 9 and q = 7

p = 10 and q = 7

p = 9 and q = 8

p = 7 and q = 9

The level of the equilibrium exchange rate offsets international difference in.

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Comparative advantage

Absolute advantage

Opportunity cost

Relative costs

A market is in equilibrium when

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Ac = P

MC = MR

AC =AR

TC =TR

The signed minor of the matrass A is called.

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Adjoin

Co factor

Minor

Rank

Suppose you are a monetarist and believe in the the monetarist rule which the monetary authorities appear to be following if the economy beings to experience a slight increase in the inflation rte you would recommend that the monetary autorities.

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Increase the money growth rate slightly

Decrease the money growth rate slightly

Leave the money supply growth unchanged

Enact a one time slight decrease in the money supply

The values are represented by identical symbol or picture's

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Bar charts

Pictograms

Circle charts

graphs

Given fixed change rate assume Pakistan initiates expansionary monetary and fiscal polices to combat recession these policies will also.

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Increase both imports and exports

Increase exports and reduce import

Reduce a balance of payments surplus

Reduce a balance of payment deficit

Qualitative research focuses primarily on the meaning of.

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Subjective attributes of individuals groups

Objective attributes of individuals or groups

Facts of Indi duals or groups

Descriptive attributes of individuals or groups

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