Economics MCQs

A. December 29, 2002
B. December 25, 2002
C. January 25, 2003
D. February 15, 2003

A. 16.5%
B. 18.2%
C. 19.7%
D. 20.5%

A. 19.8%
B. 10.3%
C. 9.2%
D. 11.5%

A. Accurately represent the true inequality of living standards
B. Understate the inequality of living standards
C. Exaggerate the inequality of living standards
D. Could exaggerate of understate the inequality of living standards depending on whether the transfers are goods or services.

A. Increase a worker’s current income and permanent income
B. Reduce a worker’s current income but not necessarily their permanent income
C. Affect neither the current nor the permanent income of a worker
D. Reduce a worker’s permanent income but not their current income

A. Little england
B. Little california
C. Little manchester
D. Little oxford

A. Cement
B. Sugar
C. Handicraft
D. Textile

A. Sialkot
B. Chiniot
C. Gujranwala
D. Lahore

A. Embroidery work
B. Irrigation work
C. Wood work
D. Agriculture

A. Ordnance factory
B. Mughal garden
C. Both of them
D. None of them