LECTURER ECONOMICS PAST PAPERS AND SYLLABUS
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چار آپشن میں سے کسی ایک پر کلک کرنے سے جواب سرخ ہو جائے گا۔
اگر مالیاتی پالیسی ٹیکس میں کمی کے ذریعے معاشی استحکام اور ترقی کو فروغ دینے کی کوشش کر رہی ہو تو یہ کس قسم کی پالیسی ہوگی؟
- Expansionary Fiscal Policy
- Restrictive Fiscal Policy
- Easy Money Policy
- Tight Money Policy
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Explanation
- Tax cuts increase disposable income of people.
- This leads to higher consumption and investment.
- It increases aggregate demand and economic growth.
- Such policy is called Expansionary Fiscal Policy.
Last verified on 24-04-2026
قدرتی بے روزگاری کی شرح کیا ہے؟
- The unemployment rate that exists when the economy is in a recession
- The unemployment rate that exists when the economy is in a boom
- The unemployment rate that exists when the economy is at full employment
- The unemployment rate that exists when the economy is in a depression
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Explanation
- The natural rate of unemployment exists when the economy is at full employment level.
- It includes frictional and structural unemployment.
- It does not include cyclical unemployment.
- It represents a stable long-run equilibrium situation.
Last verified on 24-04-2026
مانیٹری بیس کن چیزوں پر مشتمل ہوتا ہے؟
- Reserve at the Federal Reserve plus vault cash
- Deposits of member banks at the Federal reserve
- Euro-dollars and foreign deposits at the Federal Reserve
- Reserves plus currency in circulation
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Explanation
- The monetary base is also called high-powered money.
- It includes currency held by public + bank reserves.
- It is the foundation of the money supply in an economy.
- Central bank controls it directly.
Last verified on 24-04-2026
- Demand is perfectly elastic
- Demand is inelastic
- Demand is unit elastic
- Demand is elastic
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Explanation
- Elasticity measures responsiveness of quantity demanded to price change.
- If elasticity is less than 1 (in absolute value), demand is inelastic.
- Here, -0.5 shows small response to price changes.
- So demand does not change much when price changes.
Last verified on 24-04-2026
یکساں مقابلے میں طویل مدتی توازن میں کیا ہوتا ہے؟
- Zero economic profit
- Perfect price discrimination
- Excess capacity
- Homogeneous products
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Explanation
- In monopolistic competition, many firms sell similar but differentiated products.
- In the long run, new firms enter the market.
- This reduces profits until economic profit becomes zero.
- Firms only earn normal profit in long-run equilibrium.
Last verified on 24-04-2026
کسی بھی پیداوار کی سطح پر جہاں قلیل مدت اوسط لاگت طویل مدت اوسط لاگت کو چھوتی ہو، تو اس وقت کیا درست ہوگا؟
- LMC > SMC
- LMC < SMC
- LMC = SMC
- LMC = LAC
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Explanation
- When SRAC is tangent to LRAC, firms are at long-run equilibrium.
- At this point, short-run and long-run marginal costs are equal.
- It represents the optimal scale of production.
- Cost efficiency is maximized at this point.
Last verified on 24-04-2026
- Vice
- Appropriate
- Evil
- Goodness
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Explanation
- Virtue means فضیلت
- Goodness means فضیلت
Last verified on 16-01-2026
اعداد و شمار کے مجموعے میں معیاری انحراف کیا ظاہر کرتا ہے؟
- The average distance from the mean
- The exact values in the data set
- The highest and lowest values
- How many data points there are
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Explanation
- Standard deviation measures how data values are spread out.
- It shows the average distance of data points from the mean.
- Small standard deviation = data is closely packed.
- Large standard deviation = data is widely spread.
Last verified on 24-04-2026
تقابلی برتری کا نظریہ کس نے پیش کیا؟
- Adam Smith
- David Ricardo
- Ohlin
- Hicks
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Explanation
- The Theory of Comparative Advantage explains international trade benefits.
- It was developed by David Ricardo.
- Published in 1817 (Principles of Political Economy and Taxation).
- Countries should specialize in goods where they have lower opportunity cost.
- This increases global efficiency and trade gains.
Last verified on 24-04-2026
سولو گروتھ ماڈل کیا پیش گوئی کرتا ہے؟
- Rich nations will grow faster than poor nations
- The rich will get richer and the poor will get poorer
- The rich will get poorer and the poor will get richer
- Poor nations will grow faster than rich nations
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Explanation
- The Solow Growth Model is a neoclassical growth theory.
- It predicts convergence of income levels across countries.
- Poor countries tend to grow faster due to lower capital stock.
- Rich countries grow slower due to diminishing returns to capital.
Last verified on 24-04-2026