SPSC 25 YEARS PAST PAPERS 2001 TO 2026
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چار آپشن میں سے کسی ایک پر کلک کرنے سے جواب سرخ ہو جائے گا۔
مارجنل ریونیو پروڈکٹ کَرْو کیا ہے؟
- The cost curve for the product
- The supply curve of the input
- The demand curve for the input
- None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
Explanation
- Marginal Revenue Product (MRP) is the extra revenue a firm earns from employing one more unit of a factor (like labour).
- Firms hire inputs based on the value of their contribution to output.
- The MRP curve shows how much additional revenue each extra unit of input generates.
- In factor markets, it represents the demand for the input.
- Therefore, it is the demand curve for the input.
Last verified on 23-04-2026
سیلز ٹیکس کو متناسب کہا جاتا ہے کیونکہ خریداری کی مقدار سے قطع نظر ایک ہی شرح لاگو ہوتی ہے۔
- True
- False
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Explanation
- A proportional tax means the tax rate remains the same regardless of income or purchase size.
- Sales tax is charged at a fixed percentage on the value of goods.
- Whether the purchase is small or large, the same rate applies.
- So, the tax burden increases proportionally with spending.
- Therefore, the statement is correct.
Last verified on 23-04-2026
مہنگائی کا خلا حکومت کے اخراجات بڑھانے اور ٹیکس کم کرنے سے ختم کیا جا سکتا ہے۔
- True
- False
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Explanation
- An inflationary gap occurs when aggregate demand is greater than full-employment output.
- This leads to rising prices (inflation) in the economy.
- To control it, government should reduce total demand in the economy.
- This is done by decreasing government spending or increasing taxes.
- So, the given statement is incorrect.
Last verified on 23-04-2026
اقتصادی ترقی کا ایک اچھا پیمانہ مجموعی سرمایہ کاری اور تنزلی کے درمیان تعلق ہے۔
- True
- False
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Explanation
- Economic growth depends on the increase in productive capacity of an economy.
- Gross investment adds new capital, while depreciation reduces existing capital stock.
- If investment is greater than depreciation, capital stock increases.
- This leads to higher production capacity and economic growth.
- So, this relationship is a good indicator of economic growth.
Last verified on 23-04-2026
سرکولر فلو ماڈل یہ دکھاتا ہے کہ اشیاء اور خدمات کی قیمتیں کیسے مقرر ہوتی ہیں۔
- True
- False
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Explanation
- The circular flow model shows the movement of goods, services, and money in an economy.
- It explains interaction between households and firms in product and factor markets.
- However, it does not directly explain how prices are determined.
- Price determination is explained by demand and supply analysis.
- Therefore, the statement is incorrect.
Last verified on 23-04-2026
اگر اشیاء نایاب نہ ہوتیں تو وہ مفت ہوتیں۔
- True
- False
اس سوال کو وضاحت کے ساتھ پڑھیں
Explanation
- Scarcity means limited resources compared to unlimited wants.
- When goods are scarce, they have value and a price in the market.
- If goods were not scarce, everyone could get them freely in unlimited quantity.
- Such goods are called free goods in economics.
- Therefore, the statement correctly explains the concept of scarcity.
Last verified on 23-04-2026
سوویت یونین ایک مخلوط معیشت کی اچھی مثال ہے کیونکہ یہ صنعتی اور زرعی دونوں اشیاء پیدا کرتا تھا۔
- True
- False
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Explanation
- The Soviet Union operated under a centrally planned economy where the government controlled production, pricing, and distribution.
- Although it produced both industrial and agricultural goods, this does not make it a mixed economy.
- In a mixed economy, both private sector and government coexist, which was not the case in the Soviet system.
- Therefore, the statement is false.
Last verified on 23-04-2026
- True
- False
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Explanation
- The consumption function is written as C = a + bY.
- Here, C is consumption and Y is income.
- Consumption depends on income, so Y is the determining factor.
- The variable that influences another is called the independent variable.
- Therefore, income (Y) is the independent variable.
Last verified on 23-04-2026
ترقی پسند ٹیکس کا مطلب ہے کہ آمدنی بڑھنے کے ساتھ ٹیکس کی شرح بھی بڑھ جاتی ہے۔
- True
- False
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Explanation
- A progressive tax system means tax rates increase as income increases.
- Higher income groups pay a larger percentage of their income as tax.
- Lower income groups pay a smaller percentage.
- This system aims to reduce income inequality.
- So, the statement correctly describes progressive taxation.
Last verified on 23-04-2026
مارکیٹ ڈیمانڈ کَرْو ہمیشہ تمام خریداروں کی انفرادی ڈیمانڈ کروز کو افقی طور پر جمع کر کے حاصل کی جاتی ہے۔
- True
- False
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Explanation
- A market demand curve shows total demand for a good in a market.
- It is derived by combining the demand of all individual consumers.
- This combination is done by adding quantities horizontally at each price level.
- It gives the total quantity demanded in the market at different prices.
- Therefore, the statement describes a correct economic concept.
Last verified on 23-04-2026