Solved MCQS of Economics Set 2

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Solved MCQS of Economics


In February 2006, the Avian Influenza was reported by poultry farm in:
Charsadda
Karachi
Hyderabad
Multan

Which group of the following showed a negative growth of -58.6 percent during 2005-06?
Electricals
Basic Metals
Petroleum
Chemicals

In 2005-06 which country had the highest growth rate among the following?
Kuwait
Singapore
Nigeria
Egypt

What was the difficulty in the barter System:
Difference language
Excess of goods
Difference in profession
Lack of co-incidence

Price floor results in:
Excess demand
All of the given options
Equilibrium
Excess supply.

The long run aggregate supply curve will shift to the right if:
The prices of inputs used to produce goods and services (such as wages and the price of oil)descreases
Factors of production (such as labor and capital) increase
Expenditures (such as consumption and net exports) increase.
The price level increases.

The interest rate parity is the basic identity that relates which of the following?
Exchange rates and inflation rate
Discount rate and inflation rate
Interest rates and exchange rates
Interest rates and inflation rate

The supply of land is:
Infinity
Variable
Zero
Fixed

Give the production of sugarcane in Pakistan in 2005-06?
55 million tons
22 millions tons
33 million tons
44 million tons

What was the number of buffaloes in 2005-06?
12 million
34 million
40 million
28.4 million
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