Pakistan Legal Academy
إِنَّ اللَّهَ يُحِبُّ الْمُقْسِطِينَ
بے شک اللہ انصاف کرنے والوں کو پسند فرماتا ہے۔
“Empowering Legal Minds for a Just Tomorrow“
پاکستان لیگل اکیڈمی راولپنڈی
Economics Quiz
1 / 25
When supply of money declines then price of goods :-
2 / 25
Price of a product is determined in a free market by :-
3 / 25
The budget line is also known as the :-
4 / 25
On the maximum level of satisfaction of good X, the marginal utility of good X will be :-
5 / 25
There is no exceptions to the law of demand in the case of :-
6 / 25
In Game theory:-
7 / 25
The notion of quasi rent for first defined by :-
8 / 25
Under perfect competition , a firm will be in equilibrium when its AC is ;-
9 / 25
In the short term a firm will produce provided the revenue:-
10 / 25
A higher indifference curve shows a higher level of satisfaction:-
11 / 25
Who was closely associated with industrial relations in India ;-
12 / 25
If there is cyclic unemployment in the economy the government might:-
13 / 25
Which of the following is withdrawal from the circular flow income stream:-
14 / 25
Demand for intermediate consumption arises in :-
15 / 25
It is included in kinds of money:-
16 / 25
If inflationary expectations increase, the short run philips curve will be:-
17 / 25
If the goods are complementary like car and their petrol , their cross elasticity is ;-
18 / 25
Demand for safety pins is :-
19 / 25
A reduction in the cost of production will:-
20 / 25
Which of the following can the government not use directly to control the economy:-
21 / 25
Maximum loss of a firm will be :-
22 / 25
Every one should study economics is a ____ statement:-
23 / 25
Pakistan started its first five year plan in:-
24 / 25
Normative economics involve:-
25 / 25
The necessary condition for equilibrium position of a firm is :-
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