Economics MCQS

401. What is capital account of a country?
(A) The sum of a total of country’s savings
(B) The sum of a total of country’s expenditures
(C) The sum of a total of country’s income
D) The net change in a nation’s assets and liabilities


402. Pakistan’s Tax revenue heavily rely on:
(A) Federal Taxes
(B) Excise Taxes
(C) Income Taxes
D) Provisional Taxes


403. Paschal index number if based on :
A. Normal of current and base year
B. Current year quantity
C. Base year quantity
D. None of these


404. Dumpling at international discriminating :
A. Monopoly
B. Oligopoly
C. Duopoly
D. None of these


405. The individual demand curve is also known as :
A. Planned products curve
B. Planned material curve
C. Planned cost curve
D. Planned sales curve


406. In sweezy model , the role of MC curve :
A. Can be ignored
B. Can not be ignored
C. Can not partially be ignored
D. None of these


407. In Nash equilibirium a player :
A. Deviates from his strategy
B. Does not deviate from his strategy
C. Does nothing in a good way
D. None of these


408. In monoposony as the price of labor increases the marginal expenses on labor:
A. Also increase
B. Remain constant
C. Decreases
D. Are very high


409. In Bilateral monopoly, the solution is :
A. Determinate
B. Dominant
C. Indeterminate
D. Specific


410. The general equilibrium in production is furnish with pareto’s optimality in :
A. Consumption
B. Substitution
C. Production
D. Collision


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