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NAT II Management Science Economy MCQs With Answers
Question # 1
If pen and ink are complements, then an increase in the price of pen will cause:
Choose an answer
An increase in the price of ink
Less ink to the demanded at each price
A decrease in the demand for pen
A rightward shift in the demand curve for ink
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Question # 2
An increase in supply is shown by:
Choose an answer
Shifting the supply curve to the left
Shifting the supply curve to the right
Upward movement along the supply curve
Downward movement along the supply curve
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Question # 3
Given the amount of gross fixed investment percentage of GDP during 2005-06.
Choose an answer
14.2 percent
18.4 percent
25.0 percent
26.6 percent
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Question # 4
A monopolistically competitive firm in the long run equilibrium:
Choose an answer
Will make negative profit.
Will make zero profit.
Will make positive profit
Any of the given are possible.
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Question # 5
The interest rate parity is the basic identity that relates which of the following?
Choose an answer
Interest rates and exchange rates
Interest rates and inflation rate
Exchange rates and inflation rate
Discount rate and inflation rate
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Question # 6
When national income is increases:
Choose an answer
Standard of living increases
Standard of living decreases
Remains same
Bad thing
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