Question # 1

The determinant of quadratic form is called.

Choose an answer

Jacobian determinant

Hessian determinant

Discriminant

None of these

"The quantity demanded increases as its price increases and falls as its price falls" is called given goods, is presented by.

Choose an answer

Allen

Marshall

Adam smith

Robert griffin

Following banks were again privatized by Nawaz Sharif

Choose an answer

Allied Bank

Muslim Commerciale bank

None of these

Both a and b

In perfect competition, a seller by increasing price.

Choose an answer

Sell more

Produce its revenue

Decrease cost

Sell nothing

Local correspondent's method can be applied only where a high degree of precision is not.

Choose an answer

Case

Necessary

Interview

Nalied

The current account includes

Choose an answer

The value of trade in merchandise

Services

Unilateral transfers

All of the above

If as result of householder wish to save more there is a change in equilibrium income and no change in equilibrium saving this as an example of.

Choose an answer

Market imperfection

The law of diminishing returns

The paradox of thriff

Market failure

Increasing the government budget deficit.

Choose an answer

Increases output in the long run

Decreases output in the short run

Decreases output in the long run.

Decreases the interest rate in the medium run.

Research design as the conceptual structure with in which the research is.

Choose an answer

Judgment

Design

Survey

Conducted

If B is a subset of A, then AUB =

Choose an answer

B

Intersection of A and B

A

None of these

In a Boom

Choose an answer

Surpluses are likely to occur

Prices are likely to fall

supply will increase immediately to match demand

Shortages may occur

The law of diminishing marginal returns to a factor of production is.

Choose an answer

Not applicable

Another explanation of economies of scale

A principle of scales

None of these

A temporary decline in productivity would cause the IS curve to.

Choose an answer

Shift up and to the right

Shift down and to the left

Remain unchanged

Shift up and to right only if people face borrowing constraints

It is a process of checking to detect and correct errors and omissions.

Choose an answer

Coding

Editing

Analysis

Classifications

What is the effect of imposing a fixed per unit tax on a good on its equilibrium price and quantity.

Choose an answer

Price falls, quantity rises

Price rises, quantity falls

Both price and quantity fall

Both price and quantity rise

The growth rate of economics tend to converge because._________ is easier when capital per worker is low and because of_____

Choose an answer

capital widening, technical innovation

Capital widening, catch up in technology

Capital deepening, technical innovation

Capital deepening, catch up technology.

The first five year plan 1955-60 was prepared by the board and was released in.

Choose an answer

1956

1957

1958

None of the above

The product cycle theory of trade is essentially a

Choose an answer

Static short run trade theory

Dynamic, long run trade theory

Zero sum theory of trade

Negative sum theory of trade

Short run is a time frame where a firm can change its.,

Choose an answer

Total cost

Total production

Plant size

None of these

A change in autonomous spending is represented by.

Choose an answer

A movement along a spending line

A shift of a spending line

A change in a behavioral coefficient.

None of these

Under system fixed exchange rates which of the following policies promotes internal balance for a nation.

Choose an answer

Fiscal policy

Monetary policy

Both fiscal policy and monetary policy

Neither fiscal policy nor monetary policy

A 15% VAT is a.

Choose an answer

Proportional income tax

Fixed excise duty

Ad valorem indirect tax

None of the above

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

Choose an answer

IS ; right

Is ; Left

LM ; Left

LM ; Rfight

Over time the wealth of society increases and payments technologies get more efficient What is the effect on money demand of these two changes.

Choose an answer

Money demand rises proportionately to the rise in wealth.

Money demand rises, but less than proportionately to the rise in wealth.

The overall effect in ambiguous

Money demand declines

Which of the following does not apply to pareto efficiency.

Choose an answer

Consumptive efficiency

Productional efficiency

Allocative efficiency

Equity

Injection into the circular flow are _________ and _______

Choose an answer

Consumption, investment, exports

Investment exports, transfer payments

Investment government expenditure, exports.

Taxes, exports, transfer payments.

If the price in a market is fixed by the government above equilibrium.

Choose an answer

There is excess equilibrium

There is excess supply

There is excess demand

There is equilibrium

Kharif crops include

Choose an answer

Rice and sugarcane

Cotton and maze

Bajra and Jawar

All of them

Demand for a normal product may shift outwards if.

Choose an answer

Price decreases

The price fo a substitute falls

the price of a complement rises

Income falls

The term skewness refers to.

Choose an answer

Bulginess

Lack of symmetry

symmetrical

Normal

Research adopted by

Choose an answer

Scientific method

Political method

Invidia method

Public method

More Classes

Other Links

PPSC Economics Full Book MCQ Test MCQs With Answers

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer