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
Professor Knight is famous for his theory of :-
2 / 25
The accelerator assumes that there is a constant relationship between net investment and the rate of change of output:-
3 / 25
The other name of Budget line is :-
4 / 25
What is the nature of elasticity of demand for luxury item like high class furnitures :-
5 / 25
Demand for intermediate consumption arises in :-
6 / 25
Which is not a macroeconomic issue:-
7 / 25
The philip curve shows the relationship between inflation and____;-
8 / 25
Law of substitution is another name for law of ;-
9 / 25
Which of the following should not be the aim of government:-
10 / 25
Paper money came into common use:-
11 / 25
Balance of payment of a country has parts:-
12 / 25
Which is not involved with fiscal policy:-
13 / 25
Every factor of production gets rewarded equal to its :-
14 / 25
The founder of welfare economics was Alfred Marshall :-
15 / 25
Economic laws are:-
16 / 25
Passive factor of production is :-
17 / 25
Less demand in the economy may increase unemployment which lead to less spending which may reduce demand further. This is called:-
18 / 25
Which is not a function of the new issue market :-
19 / 25
If input prices adjusted very slowly to output prices, the philips curve would be:-
20 / 25
An increase in a demand for a product should ______ equilibrium price and quantity:-
21 / 25
If there is a price floor, there will be:-
22 / 25
Who is the largest figure:-
23 / 25
In perfect competition:-
24 / 25
The demand curve faced by a monopolistically competitive firm is :-
25 / 25
If quantity of money increases 100% other remaining constant value of money changes by:-
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