PAK ARMY AS LADY CAPTAIN
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ECONOMICS 2 FOR FPSC
FPSC Lecturer Economics Mcqs 2 for Written Test Preparation 1. The largest source of tax revenue for the federal government is: a. the personal income tax b. the social security tax c. the property tax d. the sales tax 2. When my income was $100,000, I paid $10,000 in taxes. When my income became $200,000, I paid $40,000 in taxes. My marginal tax rate is: a. 10% b. 20% c. 30% d. 40% 3. The tax is question #2 is: a. progressive b. regressive c. proportional 4. Which of the following taxes is regressive? a. the federal income tax b. the state income tax c. the sales tax d. the Medicare tax 5. Assume that there are two goods, A and B. In 1996, Americans produced 10 units of A at a price of $10 and 20 units of B at a price of $20. In 2002, Americans produced 20 units of A at a price of $20 and 30 units of B at a price of $30. The Nominal GDP for 2002 is: a. $100 b. $400 c. $500 d. $900 e. $1300 6. Using the numbers in question 5, the Real GDP for 2002
FPSC Lecturer Economics Mcqs for Written Test Preparation
FPSC Lecturer Economics Mcqs for Written Test Preparation 1. Which of the following concepts represents the extra revenue a firm receives from the services of an additional unit of a factor of production? a. total revenue b. marginal physical product c. marginal revenues product d. marginal revenue 2. Workers Quantity Produced 1 15 2 28 3 39 4 48 5 55 6 60 This company is a profit-maximizing firm selling in a competitive product market and hiring in a competitive labor market. It uses semi-skilled labor to produce dampers used in office building ventilation systems. Assume that the current market price per damper is $50 and that the prevailing weekly salary per semi-skilled worker is $550. This company should employ ______ workers. a. 2 b. 3 c. 4 d. 5 e. 6
FEW IMPORTANT POINTS
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FEW IMPORTANT POINTS ( Educators)
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SCIENCE MCQS (RECRUITMENT TEST FOR THE POST OF CORPORALS)
Vehari Academy of Sciences & Services (VASS) Faisal Town Vehari 03346908699 SCIENCE MCQS (RECRUITMENT TEST FOR THE POST OF CORPORALS) 1) One of the countries through which equator passes is: (a) Kenya (b) Malaysia (c) Malta (d) Pakistan 2) Copper can be converted into gold by: (a) Artificial radioactivity (b) heating (c) Electroplating (d) Chemical reaction 3) The three elements needed for healthy growth of plants are: (a) N, P, K (b) N, C, P (c) N, K, (d) N, S, P 4) Clocks, which moves with the velocities compareable with the velocity of light, run: (a) fast (b) slow (c) equal to the velocity of light (d) with zero velocity 5) Max Planck received the noble prize in Physics in 1918 for his discovery of: (a) electron (b) energy quanta (c) photon (d) positron 6) Bronze medal is made up of metals: (a) (copper,nickel) (b) (copper, tin) (c) (copper, silver) (d) (copper, zinc) 7) Addison’s disease is caused by the excessive secr