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.Management Sciences
Category: Economics Mcqs
Social scientists________________?
A. provide criteria for choosing a valid religion
B. neither accept nor reject claims of divine revelation
C. have no interest in the content of religious doctrines
D. all of the above
What is the share of Punjab in the total population of Pakistan ?
A. 60.4%
B. 55.5%
C. 65.5%
D. 68.4%
An export quota agreement to stabilize the price of bauxite tends to be more successful when the member producer countries as a percentage of the world’s producer countries is __________ and the _________ it is for the member producer countries to store/stock pile bauxite?
A. relatively small; more difficult
B. relatively small; easier
C. relatively large; more difficult
D. relatively large; easier
Refers to Exhibit 4. Suppose the economy is operating in a recession such as point B in Exhibit 4. If policy makers allow the economy to adjust to the long run natural rate on its own, ?
A. People will reduce their price expectations and the short run aggregate supply will shift right
B. People will raise their price expectations and aggregate demand will shift left
C. People will raise their price expectations and the short run aggregate supply will shift left
D. People will reduce their price expectations and aggregate demand will shift right
The functional distribution of income shows how national income is divided between ?
A. employees
B. the population
C. the factors of production
D. the working population
The evaluation that a certain phenomenon is good beautiful moral right and therefore desirable is termed a_______________?
A. norm
B. guideline
C. folkway
D. value
When supply increase in an agricultural market farmer’s earning might fall because ?
A. Supply is price elastic
B. Demand is price inelastic
C. The government buys up all the excess production
D. All output must be sold at a maximum price
When the period of Kharif crop starts and when ends ?
A. April-June, Oct-Sept
B. April-July, Oct,Nov
C. April-May, Oct-Dec
D. Jan-May Oct-Sept
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