ppsc past papers of lecturer Economics

Returns to scale refers to the ………………..analysis of laws of production:

Government of Pakistan issues currency on the basis of:

Efficiency parameter in production function refers to the ………efficiency:

Size of Pakistan’s 8th plan was in .................rupees:

Contribution of agriculture in Pakistan’s national income is:

Cost functions are derived from…………….

Theory of choice is about:

There is concept of ………………in traditional Theory of Cost:

Marginal product is defined as the change in ………….due to change in…………..

Pakistan produces.....................of its oil requirements:

Kinked isoquant shows the ……………..substitutability of factors of production:

When the nation’s money supply is Rs. 1200 billion and GDP is Rs. 4800 billion, velocity of money is:

The govt. can control inflation by:

Velocity of circulation of money means:

Contribution of industrial sector in Pakistan economy is:

Pakistan started its first five-year plan in:

Working population is.............................percent of total population of Pakistan:

The elasticity of substitution of factors is defined as the percentage change in………… divided by the percentage change in……………..

Which property the paper money dose not possession:

Economic development:

Law material bears …………………relation to output at all level of production:

Input-Output isoquant shows the……………..substitutability of factors of production:

The Slope of the isoquant is called:

Linear isoquant shows the……………….substitutability of factors of production:

Economic development is measured on the basis of: