Management Aptitude Test (MAT)

All India Management Association

11 contributor - 0 Folowers




Fani Warraich ECONOMICS   -   Microeconomics

Who is the father of economics?

Fani Warraich

GOOD

Fani Warraich

xcxcb

Janib Khan

Right

Fani Warraich ECONOMICS   -   Macroeconomics

Macroeconomics distinguishes between the real economy and the

Spending is influenced by both the amounts of products and services purchased and their dollar-denominated pricing.
Fani Warraich ECONOMICS   -   Macroeconomics

Until the First World War, the prices

The price-level was balanced over long periods of 20-50 years.
Anna IQ APTITUDE & ABILITY   -   Verbal Reasoning

Many find it strange that her writing is thought to be tortuous; her recent essays, although longer than most of her earlier essays, are extremely_______.

Anmol Qamar

It is tedious right option?

Anna IQ APTITUDE & ABILITY   -   Verbal Reasoning

The author presents the life of Zane Grey with _____ unusual in a biographer: he is not even convinced that Grey was a good writer.

Fani Warraich

dfdsfas

Janib Khan ECONOMICS   -   Microeconomics

The branch of economics that deals with the allocation of resources is called ______.

Fani Warraich

macroeconomics

Bashir Farooqi IQ APTITUDE & ABILITY   -   Quantitative Reasoning

The number of degrees through which the hour hand of a clock moves in 2 hours and 12 minutes is

Fani Warraich IQ APTITUDE & ABILITY   -   Quantitative Reasoning

A cylindrical container has a diameter of 14 inches and a height of 6 inches. Since one gallon equals 231 cubic inches, the capacity of the tank is approximately

The capacity of the tank is given by πr^2h = π(7^2)(6) = 923.628 cubic inches Since 1 gallon is equal to 231 cubic inches, the capacity of the tank in gallons is 923.628 / 231 = 3.998 gallons Which is approximately 4 gallons. So the answer is B.
Fani Warraich

4 gallons is the correct

Bashir Farooqi IQ APTITUDE & ABILITY   -   Verbal Reasoning

During their operational lifetimes, the majority of spacecraft currently face minimal risk of collision with space junk, but given the number of new satellites launched each year, the orbital environment is likely to be less ________ in the future.

Bashir Farooqi IQ APTITUDE & ABILITY   -   Quantitative Reasoning

A train running between two towns arrives at its destination 10 minutes late when it goes 40 miles per hour and 16 minutes late when it goes 30 miles per hour. The distance between the two towns is

Bashir Farooqi IQ APTITUDE & ABILITY   -   Quantitative Reasoning

If the base of a rectangle is increased by 30% and the altitude is decreased by 20% the area is increased by?

Bashir Farooqi IQ APTITUDE & ABILITY   -   Quantitative Reasoning

If the sum of the edges of a cube is 48 inches, the volume of the cube is

Bashir Farooqi IQ APTITUDE & ABILITY   -   Quantitative Reasoning

A certain triangle has sides, which are, respectively, 6 inches, 8 inches, and 10 inches long. A rectangle equal in area to that of the triangle has a width of 3 inches. The Perimeter of the rectangle, expressed in inches, is

Bashir Farooqi IQ APTITUDE & ABILITY   -   Quantitative Reasoning

The cube of 1/3 is

Bashir Farooqi IQ APTITUDE & ABILITY   -   Quantitative Reasoning

In general, the sum of the squares of two numbers is greater than twice the product of the numbers. The pair of numbers for which this generalization is not valid is

Bashir Farooqi IQ APTITUDE & ABILITY   -   Quantitative Reasoning

A piece of wire 132 inches long is bent successively in the shape of an equilateral triangle, a square, a regular hexagon, a circle. The plane surface of the largest area is included when the wire is bent into the shape of a

Bashir Farooqi IQ APTITUDE & ABILITY   -   Quantitative Reasoning

If eggs are bought at 35 cents per dozen and sold at 3 for 10 cents the total profit on 5 1/2 dozen is?

Bashir Farooqi IQ APTITUDE & ABILITY   -   Verbal Reasoning

Florence Nightingale was ___ in the development of modern medicine, ___ such practices as sanitization of hospital wards and isolation of actively infected patients.

Florence Nightingale was a pioneer in the development of modern medicine. She was an innovator who initiated such practices as sanitization of hospital wards and isolation of actively infected patients. She was not a collaborator who rejected these practices, nor was she a maverick who protested them. She was an individual who saw the need for these practices and worked to implement them. The other choices are incorrect. A collaborator is someone who works with others. Nightingale did not work with others to reject these practices. A maverick is someone who goes against the established order. Nightingale did not go against the established order by protesting these practices. A pioneer is someone who is the first to do something. Nightingale was not the first person to suggest these practices, but she was the first person to successfully implement them. An individualist is someone who does things their own way. Nightingale did not do things her own way by standardizing these practices. She worked with others to standardize them.
Bashir Farooqi ENGLISH   -   Sentence Structuring

Choose correct sentence

The subject here is ‘the best part’, which is singular and should therefore be followed by a singular verb
Bashir Farooqi ENGLISH   -   Sentence Structuring

Which one is correct

When using ‘as well as’ to introduce a complex subject, the phrase should be set off by commas, and the verb agrees with the main subject, which in this case is ‘the professor’.
Muhammad Tayyab Ikhlas ENGLISH   -   Sentence Structuring

Lahore ___________ a very hot climate.

Muhammad Tayyab Ikhlas ENGLISH   -   Sentence Structuring

One of the least effective ways of sorting information is learning ____ it.

Muhammad Tayyab Ikhlas ENGLISH   -   Sentence Structuring

OBLIVIOUS : AWARENESS

Muhammad Tayyab Ikhlas ENGLISH   -   Sentence Structuring

BELLWETHER : BAROMETER

Muhammad Tayyab Ikhlas ENGLISH   -   Antonyms

DETER

Muhammad Tayyab Ikhlas ENGLISH   -   Antonyms

INDIGENOUS

Muhammad Tayyab Ikhlas ENGLISH   -   Antonyms

THERAPEUTIC

Muhammad Tayyab Ikhlas IQ APTITUDE & ABILITY   -   Verbal Reasoning

Linda Greenhouse's articles for the New York Times are an outstanding example of ___, capsulizing prose into a necessarily limited space.

Muhammad Tayyab Ikhlas IQ APTITUDE & ABILITY   -   Verbal Reasoning

Roberto Clement was seen as ___ during his life because of both his selflessness on the baseball field and his humanitarian work in his native Nicaragua

Muhammad Tayyab Ikhlas IQ APTITUDE & ABILITY   -   Verbal Reasoning

His habit of spending more than he earned left him in a state of perpetual------ but he------------hoping to see a more affluent day

Muhammad Tayyab Ikhlas IQ APTITUDE & ABILITY   -   Verbal Reasoning

Known for his commitment to numerous worthy causes, the philanthropist deserved------ for his-----------

Muhammad Tayyab Ikhlas IQ APTITUDE & ABILITY   -   Verbal Reasoning

You should --------this paragraph in order to make your essay more-----

Muhammad Tayyab Ikhlas IQ APTITUDE & ABILITY   -   Verbal Reasoning

A------glance pays-----attention to details

Muhammad Tayyab Ikhlas IQ APTITUDE & ABILITY   -   Quantitative Reasoning

A piece of wood 35 feet, 6 inches long was used to make 4 shelves of equal length. The length of each shelf was

Muhammad Tayyab Ikhlas IQ APTITUDE & ABILITY   -   Quantitative Reasoning

The tiles in the floor of a kitchen are 15/16 inch squares. The cement between the tiles is 1/16 inch. There are 3240 individual tiles in this floor. The area of the floor is

Muhammad Tayyab Ikhlas IQ APTITUDE & ABILITY   -   Quantitative Reasoning

A man bought a TV set that was listed at Rs.160. He was given successive discounts of 20% and 10%. The price he paid was

Muhammad Tayyab Ikhlas IQ APTITUDE & ABILITY   -   Quantitative Reasoning

Mr. Younas ' income for a year is Rs.15,000. He pays 15% of this in federal taxes and 10% of the remainder in state taxes. How much is left?

Muhammad Tayyab Ikhlas IQ APTITUDE & ABILITY   -   Quantitative Reasoning

The radius of a circle which has a circumference equal to the perimeter of a hexagon whose sides are each 22 inches long is closest in length to which one of the following?

Muhammad Tayyab Ikhlas IQ APTITUDE & ABILITY   -   Quantitative Reasoning

If a, is a multiple of 5 and b = 5a, which of the following could be the value of a + b? I. 60 II. 100 III. 150

Muhammad Tayyab Ikhlas IQ APTITUDE & ABILITY   -   Quantitative Reasoning

Which of the following expressions has the greatest value?

Muhammad Tayyab Ikhlas IQ APTITUDE & ABILITY   -   Quantitative Reasoning

If (a + 3) / 5 is an integer, what is remainder when ‘a’ is divided by 5?

Muhammad Tayyab Ikhlas IQ APTITUDE & ABILITY   -   Quantitative Reasoning

The integral part of logarithm is called

Muhammad Tayyab Ikhlas IQ APTITUDE & ABILITY   -   Quantitative Reasoning

On the y-axis, the x-coordinate is

Muhammad Tayyab Ikhlas IQ APTITUDE & ABILITY   -   Verbal Reasoning

Surprisingly enough, it is more difficult to write about the--------than about the---and strange.

The sentence is comparing the difficulty of writing about two different things. The first part of the sentence sets up the contrast by stating that it is more difficult to write about something "surprisingly enough" than something else. The key to understanding the correct answer is to recognize the contrast between the two words in each pair. "Commonplace" refers to things that are ordinary, everyday, or familiar. These are things that are not particularly interesting or unusual. "Exotic" refers to things that are foreign, unusual, or unique. These are things that are out of the ordinary and intriguing because of their distinctiveness. Given this contrast, it makes sense that it would be more difficult to write about something commonplace (which lacks inherent interest or novelty) compared to something exotic (which has a built-in level of intrigue and uniqueness). Therefore, option C is the correct answer because it correctly captures this contrast in difficulty.
Muhammad Tayyab Ikhlas IQ APTITUDE & ABILITY   -   Verbal Reasoning

A-----response is one that is made with----------.

In this sentence, a "speedy" response is described as one made with "alacrity," which means briskness, eagerness, or willingness to respond quickly and with enthusiasm. This choice of words creates a logical and coherent sentence.
Muhammad Tayyab Ikhlas IQ APTITUDE & ABILITY   -   Verbal Reasoning

3. A----is a-------.

In this sentence, a "norm" is described as a "standard." This pairing of words makes sense and creates a coherent sentence. Norms often refer to accepted standards or behaviors within a group or society.
Muhammad Tayyab Ikhlas IQ APTITUDE & ABILITY   -   Verbal Reasoning

It is widely believed that a nuclear war could ____ enough smoke and dust to block out the sun and freeze the earth.

In this context, "billow" means to produce large quantities of smoke and dust, which could have the described catastrophic effects on the environment.
Muhammad Tayyab Ikhlas IQ APTITUDE & ABILITY   -   Verbal Reasoning

Consumption of red meat has ____ because its fat content has become a worrisome and ____ matter.

In this context, "declined" fits with the idea that people are eating less red meat, and "controversial" suggests that there is debate or disagreement about its health implications, particularly related to its fat content
Muhammad Tayyab Ikhlas IQ APTITUDE & ABILITY   -   Verbal Reasoning

It takes ____ character to ____ the extremities of the arctic region.

Muhammad Tayyab Ikhlas IQ APTITUDE & ABILITY   -   Verbal Reasoning

Consumers refused to buy meat products from the company because of rumors that the water supply at the meat processing plant was ______; the rumors, however, were quite ______, with no hard evidence to back them up.

This choice of words creates a coherent sentence where "contaminated" refers to the rumors about the water supply being polluted, and "unsubstantiated" means that there was no concrete evidence to support these rumors
Muhammad Tayyab Ikhlas IQ APTITUDE & ABILITY   -   Verbal Reasoning

Many kinds of harmful viruses are unhindered when passing through different parts of the host organism; indeed, there are few organic substances which such viruses’ cannot______.

Muhammad Tayyab Ikhlas IQ APTITUDE & ABILITY   -   Verbal Reasoning

Their conversation was unsettling, for the gravity of their topic contrasted so oddly with the ______ of their tone

Muhammad Tayyab Ikhlas IQ APTITUDE & ABILITY   -   Verbal Reasoning

Throughout the animal kingdom, ____ bigger than the elephant.

Suzico IQ APTITUDE & ABILITY   -   Quantitative Reasoning

How many bricks each measuring 25cm x 11.25cm x 6cm, will be needed to build a wall of size 8m x 6m x 22.5m ?

Suzico IQ APTITUDE & ABILITY   -   Quantitative Reasoning

The profit earned by selling an article for Rs. 900 is double the loss incurred when the same article is sold for Rs. 490. At what price should the article be sold to make 25% profit?

Suzico IQ APTITUDE & ABILITY   -   Quantitative Reasoning

An air conditioner can cool the hall in 40 minutes while another takes 45 minutes to cool under similar conditions. If both air conditioners are switched on at the same instance, then how long will it approximately take to cool the room?

Suzico IQ APTITUDE & ABILITY   -   Quantitative Reasoning

A person crosses a 600 m long street in 5 minutes. What is his speed in km per hour?

Suzico IQ APTITUDE & ABILITY   -   Quantitative Reasoning

What should come in place of both the question marks in the equation: ? / √128 = √162 / ?

Suzico IQ APTITUDE & ABILITY   -   Quantitative Reasoning

In an examination, a student scores 4 marks for every correct answer and loses 1 mark for every wrong answer. If he attempts all 60 questions and secures 130 marks, the no of questions he attempts correctly is :

Fani Warraich IQ APTITUDE & ABILITY   -   Quantitative Reasoning

Kajol took loan from a bank at the rate of 12% p.a. simple interest. After 3 years, she had to pay PKR 5400 interest only for the period. The principal amount borrowed by her was:

We can use the following formula to calculate the simple interest: Simple Interest = (Principal * Rate * Time) / 100 Where: Principal is the amount of money borrowed. Rate is the interest rate per year. Time is the number of years the loan is borrowed for. We know that the simple interest is PKR 5400, the rate is 12% p.a., and the time is 3 years. We need to calculate the principal. Substituting the known values into the formula, we get: 5400 = (Principal * 12 * 3) / 100 Multiplying both sides of the equation by 100, we get: 540000 = Principal * 12 * 3 Dividing both sides of the equation by 12 * 3, we get: Principal = 540000 / (12 * 3) Principal = PKR 15000 Therefore, the principal amount borrowed by Kajol was PKR 15000.
Suzico IQ APTITUDE & ABILITY   -   Quantitative Reasoning

Salaries of Conan and Jimmy are in the ratio 2:3. If the salary of each is increased by Rs. 4000, the new ratio becomes 40:57. What is Jimmy’s salary?

Suzico IQ APTITUDE & ABILITY   -   Quantitative Reasoning

A person incurs a loss of 5% be selling a watch for Rs. 1140. At what price should the watch be sold to earn 5% profit?

Suzico IQ APTITUDE & ABILITY   -   Quantitative Reasoning

Two trains started at the same time, one from A to B and the other from B to A . If they arrived at B and A respectively 4 hours and 9 hours after they passed each other, the ratio of the speeds of the two trains was:

Fani Warraich IQ APTITUDE & ABILITY   -   Quantitative Reasoning

The sum of the squares of two numbers is 3341 and the difference of their squares is 891. The numbers are:

Fani Warraich IQ APTITUDE & ABILITY   -   Quantitative Reasoning

The average age of a class is 15.8 years. The average age of the boys in the class is 16.4 years and that of the girls is 15.4 years. What is the ratio of boys to girls in the class ?

Suzico IQ APTITUDE & ABILITY   -   Quantitative Reasoning

In a class, there are 15 boys and 10 girls. Three students are selected at random. The probability that 1 girl and 2 boys are selected, is:

Suzico IQ APTITUDE & ABILITY   -   Quantitative Reasoning

A water tank in a village is normally filled in 8 hours but takes 2 hours longer to fill because of a leak in its bottom. If the tank is full, in how many hrs will the leak empty it ?

Suzico IQ APTITUDE & ABILITY   -   Quantitative Reasoning

A college has 10 basketball players. A 5-member team and a captain will be selected out of these 10 players. How many different selections can be made?

Suzico IQ APTITUDE & ABILITY   -   Quantitative Reasoning

If the price of a Harry Potter novel is first decreased by 25% and then increased by 20%, then the net change in the price will be :

Suzico IQ APTITUDE & ABILITY   -   Quantitative Reasoning

Shruti and Priya invested in a business. They earned some profit which they divided in the ratio of 2 : 3. If Shruti invested Rs. 40,000, the amount invested by Priya is :

Fani Warraich IQ APTITUDE & ABILITY   -   Quantitative Reasoning

Each of Tom's buckets has a capacity of 11 gallons, while each of Henry's buckets can hold 8 gallons. How much more water in gallons can 7 of Tom's bucket's hold compared to 7 of Henry's buckets?

Fani Warraich

Good

Fani Warraich

A

Fani Warraich IQ APTITUDE & ABILITY   -   Quantitative Reasoning

Two integers have a sum of 42 and a difference of 22. The greater of the two integers is

Fani Warraich IQ APTITUDE & ABILITY   -   Quantitative Reasoning

The average of five numbers is 34. If three of the numbers are 28, 30 and 32, what is the average of the other two?

Fani Warraich IQ APTITUDE & ABILITY   -   Quantitative Reasoning

In a certain cake, two straight cuts (made along two different radii) succeed in removing 4/15 of the total cake. What is the central angle in degrees of the piece cut?

Fani Warraich IQ APTITUDE & ABILITY   -   Quantitative Reasoning

If an equilateral triangle and a square have the same perimeter, what is the ratio of the length of the sides of the equilateral triangle to the lengths of the sides of the square?

Let the side length of the equilateral triangle be x and the side length of the square be y. Since they have the same perimeter, we know that: 3x=4y Dividing both sides by 3, we get: x= 4/3(y) Therefore, the ratio of the side lengths of the equilateral triangle to the side lengths of the square is 4:3.
Fani Warraich IQ APTITUDE & ABILITY   -   Quantitative Reasoning

If 2 and 4 each divide q without remainder, which of the following must q divide without remainder.

Fani Warraich IQ APTITUDE & ABILITY   -   Quantitative Reasoning

The ratio of boys to girls in a certain classroom was 2 : 3. If boys represented five more than one third of the class, how many people were there in the classroom?

Fani Warraich IQ APTITUDE & ABILITY   -   Quantitative Reasoning

Let xy = z, where x,y,z and nonzero numbers. If x is multiplied by 3 and z is divided by 3, this is equivalent to multiplying y by

Fani Warraich IQ APTITUDE & ABILITY   -   Quantitative Reasoning

If 5x = 3, then (5x + 3)² =

Fani Warraich IQ APTITUDE & ABILITY   -   Quantitative Reasoning

If the postal charges for a package are 62 cents for the first five ounces and 8 cents for each additional ounce, what is the weight of a package for which the charges are $1.66? (Assume there are 16 ounces in one pound)

Fani Warraich IQ APTITUDE & ABILITY   -   Quantitative Reasoning

If m/n = .75, then what is 3m + 2n?

Fani Warraich IQ APTITUDE & ABILITY   -   Quantitative Reasoning

Which is greater? Column A is (10/4) / (3/2) * (3/7) and Column B is (3/4) * (10/7) / (3/2)

Fani Warraich IQ APTITUDE & ABILITY   -   Quantitative Reasoning

Which of the following has a graph that is symmetric to the x-axis

Fani Warraich IQ APTITUDE & ABILITY   -   Quantitative Reasoning

The prime factors of 96 are

Fani Warraich IQ APTITUDE & ABILITY   -   Quantitative Reasoning

2- 3 =

Fani Warraich IQ APTITUDE & ABILITY   -   Quantitative Reasoning

If x + 1 < 3x + 5, then

Fani Warraich IQ APTITUDE & ABILITY   -   Quantitative Reasoning

Which of the numbers cannot be represented by a repeating decimal?

Fani Warraich IQ APTITUDE & ABILITY   -   Verbal Reasoning

Although its publicity has been ___, the film itself is intelligent, well-acted, handsomely produced and altogether ___

Fani Warraich IQ APTITUDE & ABILITY   -   Verbal Reasoning

The Inuit natives of Alaska's North Slope worry that ___ oil exploration might ___their sensitive natural environment.

Fani Warraich IQ APTITUDE & ABILITY   -   Verbal Reasoning

Ants live in colonies based on ___; each member contributes to the good of all by actively working with others in performing necessary tasks.

Fani Warraich IQ APTITUDE & ABILITY   -   Quantitative Reasoning

A train moves at sixty miles per hour from City A to City B and eighty miles per hour from City B to City A in reverse. What is the distance between the two cities if the round-trip travel duration is eight hours?

Peacel awfirm IQ APTITUDE & ABILITY   -   Quantitative Reasoning

If half the range of increasing series {11, A, 23, B, C, 68, 73} is equal to its median, what is the median of the series?

Let's analyze the given series: {11, A, 23, B, C, 68, 73}. The median of a series is the middle value when the values are arranged in ascending order. In this case, the series is already in increasing order: {11, A, 23, B, C, 68, 73} Now, if half the range is equal to the median, we need to find the range and divide it by 2. Range = Largest value - Smallest value In this series, the largest value is 73, and the smallest value is 11. Range = 73 - 11 = 62 Half the range = 62 / 2 = 31 Now, we need to find the element in the series that is 31 units away from the smallest value (11). Counting 31 units from 11, we get: 11 + 31 = 42 So, the element with the value 42 is the median of the series. Therefore, the median of the series {11, A, 23, B, C, 68, 73} is 42.
Peacel awfirm IQ APTITUDE & ABILITY   -   Quantitative Reasoning

The product of (1+2), (2+3) and (3+4) is equal to the one-half the sum of 20 and x, what is the value of x?

Peacel awfirm IQ APTITUDE & ABILITY   -   Quantitative Reasoning

What k is subtracted from10 and difference is divided by 2, the result is 3, what is the value of k?

Peacel awfirm IQ APTITUDE & ABILITY   -   Quantitative Reasoning

If a^2 b =12^2, and b is smallest odd integer, then a could be divisible by all of the following except?

Peacel awfirm IQ APTITUDE & ABILITY   -   Quantitative Reasoning

900/10 + 90/100 + 9/1000 = ?

Sumera Nawaz ECONOMICS   -   Microeconomics

Which of the following factors does NOT influence the demand for a good?

The cost of production is a determinant of supply, not demand. Demand is influenced by factors such as price of related goods, income, and future expectations.
Sumera Nawaz ECONOMICS   -   Microeconomics

If the demand for a product increases while its supply remains constant, what will happen to the equilibrium price and quantity?

An increase in demand with constant supply will lead to an increase in both equilibrium price and quantity traded.
Sumera Nawaz ECONOMICS   -   Microeconomics

Which of the following statements about elasticity of demand is true?

Elasticity of demand measures how much quantity demanded responds to a change in price. Elastic demand means consumers are sensitive to price changes.
Sumera Nawaz ECONOMICS   -   Microeconomics

Which of the following events would lead to a decrease in the equilibrium price of oranges?

A decrease in the price of a complement to oranges (orange juice) would increase the demand for oranges, leading to a decrease in equilibrium price.
Sumera Nawaz ECONOMICS   -   Microeconomics

If demand is perfectly elastic, what is the value of price elasticity of demand?

Perfectly elastic demand means any change in price results in an infinite change in quantity demanded.
Sumera Nawaz ECONOMICS   -   Microeconomics

When is the price elasticity of supply perfectly inelastic?

Perfectly inelastic supply means the quantity supplied does not change at all in response to changes in price.
Sumera Nawaz ECONOMICS   -   Microeconomics

If both supply and demand increase but the increase in supply is larger, what will happen to equilibrium price and quantity?

When both supply and demand increase, but the increase in supply is larger, the increase in quantity supplied will outweigh the increase in quantity demanded, leading to a decrease in price and an increase in quantity.
Sumera Nawaz ECONOMICS   -   Microeconomics

Which of the following is an example of a substitute good?

Substitute goods are those that can be used in place of each other, such as tea and coffee.
Sumera Nawaz ECONOMICS   -   Microeconomics

Which of the following would lead to a rightward shift of the supply curve?

An improvement in technology increases efficiency and lowers production costs, leading to an increase in supply.
Sumera Nawaz ECONOMICS   -   Microeconomics

If the price elasticity of demand for a good is less than 1, the demand is considered

If the price elasticity of demand is less than 1, it indicates that quantity demanded is not very responsive to changes in price, hence the demand is considered inelastic.
Sumera Nawaz ECONOMICS   -   Macroeconomics

Which of the following is NOT included in the calculation of Gross Domestic Product (GDP)?

Transfer payments are not counted in GDP as they do not represent production of goods and services.
Sumera Nawaz ECONOMICS   -   Macroeconomics

Which of the following measures is used to adjust Gross Domestic Product (GDP) for inflation?

Real GDP adjusts for inflation by removing the effects of price changes, providing a measure of GDP in constant prices.
Sumera Nawaz ECONOMICS   -   Macroeconomics

If Gross Domestic Product (GDP) is $10 trillion and Gross National Product (GNP) is $11 trillion, what is the value of net factor income from abroad (NFIA)?

GNP - GDP = NFIA, so $11 trillion - $10 trillion = $1 trillion.
Sumera Nawaz ECONOMICS   -   Macroeconomics

Which of the following transactions would be included in the calculation of Gross Domestic Product (GDP)?

Only final goods and services produced within the country's borders are included in GDP. The purchase of a used car (A), military equipment from a foreign country (C), and tuition fees (D) are not counted in GDP.
Sumera Nawaz ECONOMICS   -   Macroeconomics

Which of the following is NOT a component of the expenditure approach to calculating Gross Domestic Product (GDP)?

All of the listed options are components of the expenditure approach to GDP calculation.
Sumera Nawaz ECONOMICS   -   Macroeconomics

If a country's Gross Domestic Product (GDP) is $500 billion and its population is 100 million, what is the country's GDP per capita?

GDP per capita is calculated by dividing GDP by the population, so $500 billion / 100 million = $5,000.
Sumera Nawaz ECONOMICS   -   Macroeconomics

Which of the following is an example of a transfer payment?

Transfer payments are payments made by the government to individuals or households without the expectation of goods or services in return.
Sumera Nawaz ECONOMICS   -   Macroeconomics

Which of the following is NOT a limitation of Gross Domestic Product (GDP) as a measure of economic welfare?

GDP can be adjusted for inflation to calculate real GDP, addressing this limitation.
Sumera Nawaz ECONOMICS   -   Macroeconomics

In the circular flow of income, which sector consists of households?

The household sector represents individuals or households who consume goods and services and provide factors of production to firms.
Sumera Nawaz ECONOMICS   -   Macroeconomics

If a country's Gross Domestic Product (GDP) is $800 billion and its Gross National Product (GNP) is $750 billion, what is the value of net factor income from abroad (NFIA)?

GNP - GDP = NFIA, so $750 billion - $800 billion = -$50 billion. Since NFIA is negative, it means the country has a net outflow of income to the rest of the world, so the absolute value of NFIA is $50 billion.
Fatima Batool ENGLISH   -   Synonyms

Erudite

Erudite implies a deep and scholarly knowledge. (sentence: The erudite professor shared fascinating historical facts.)
Fatima Batool ENGLISH   -   Synonyms

Laconic

Laconic refers to using few words but conveying a lot of meaning. (sentence: The detective gave a laconic reply, "The culprit left no trace.")
Fatima Batool ENGLISH   -   Synonyms

Ephemeral

Ephemeral describes something that lasts for a very short time. (sentence: The beauty of the fireworks display was ephemeral.)
Fatima Batool ENGLISH   -   Synonyms

Penurious

Penurious means extremely poor and unable to afford things. (sentence: Despite his penurious lifestyle, he was generous with his friends.)
Fatima Batool ENGLISH   -   Synonyms

Sagacious

Sagacious emphasizes sound judgment and wisdom. (sentence: The king made a sagacious decision by choosing a wise advisor.)
Fatima Batool ENGLISH   -   Synonyms

Impecunious

Impecunious refers to being poor or having very little money. (sentence: The impecunious traveler had to hitchhike across the country.)
Fatima Batool ENGLISH   -   Synonyms

Obsequious

Obsequious describes someone who is excessively eager to please others in a flattering or servile way. (sentence: The waiter's obsequious behavior made the diners feel uncomfortable.)
Fatima Batool ENGLISH   -   Synonyms

Inimical

Inimical means unfriendly or actively opposed to something. (sentence: The two countries had an inimical relationship for decades.)
Fatima Batool ENGLISH   -   Synonyms

Ubiquitous

Ubiquitous describes something that is found everywhere or very frequently. (sentence: The new smartphone app became ubiquitous, with everyone using it.)
Fatima Batool ENGLISH   -   Synonyms

Desuetude

Desuetude refers to the state of being no longer in use. (sentence: The old typewriter fell into desuetude with the rise of computers.)
Fatima Batool ENGLISH   -   Sentence Structuring

Which one best express a cause-and-effect relationship between air pollution and respiratory problems

Fatima Batool ENGLISH   -   Sentence Structuring

Which one is a contrasting idea to the statement "Traveling by plane is the fastest way to reach distant locations."

This option effectively introduces the contrast with "While" and highlights both sides of the argument.
Fatima Batool ENGLISH   -   Sentence Structuring

Which one emphasizes the urgency of taking action to protect endangered species.

This option uses strong conditional language ("Unless") to emphasize the urgency and potential consequence.
Fatima Batool ENGLISH   -   Sentence Structuring

Which one introduce a specific example to support the claim that exercise has numerous benefits?

This option smoothly introduces the example with "for instance" and clarifies the connection between exercise and the specific benefit.
Sidis IQ APTITUDE & ABILITY   -   Verbal Reasoning

In the given sentence, identify the gerund phrase: "Running marathons in extreme weather conditions requires immense determination and endurance."

A gerund phrase is a phrase consisting of a gerund (a verb form ending in "-ing") and any modifiers or complements. In this sentence, "Running marathons" functions as a gerund phrase because "running" is a gerund acting as the subject of the sentence.
Sidis IQ APTITUDE & ABILITY   -   Verbal Reasoning

Identify the logical fallacy in the following argument: "I've never seen a black swan; therefore, black swans do not exist."

The argument makes a broad generalization based on insufficient evidence. Seeing no black swans personally does not necessarily mean that they do not exist; it's just an insufficient sample size to draw such a conclusion.
Sidis IQ APTITUDE & ABILITY   -   Verbal Reasoning

Choose the word that best completes the analogy: Adorn: Decorate :: _______ : Amass

"Adorn" is a synonym for "decorate." Similarly, "Hoard" is a synonym for "amass" or collect in large quantities.
Sidis IQ APTITUDE & ABILITY   -   Verbal Reasoning

Identify the figure of speech used in the following sentence :"The stars danced playfully in the sky."

Personification is the attribution of human characteristics to non-human entities. In this sentence, the stars are described as "dancing playfully," which is a human characteristic attributed to them.
Sidis IQ APTITUDE & ABILITY   -   Analytical Reasoning

An office building has five floors, numbered one through five. Each floor has a different color carpet: red, blue, green, yellow, and white. The following conditions must be met: i. The red carpet cannot be on the top floor. ii. The blue carpet must be above the green carpet but below the yellow carpet. iii. The white carpet must be on a higher floor than the green carpet but cannot be on the top floor. In which of the following arrangements is the sequence of floors correctly matched with the colors of their respective carpets?

The arrangement follows all the given conditions: red is not on the top floor, blue is above green and below yellow, and white is above green but not on the top floor.
Sidis IQ APTITUDE & ABILITY   -   Analytical Reasoning

In a certain company, there are seven executives: Adam, Ben, Chris, David, Emily, Fiona, and Grace. They are seated in a row of chairs. The following conditions must be met: i. Adam cannot sit next to Chris or Emily. ii. Ben must sit next to David. iii. Fiona cannot sit at either end of the row. Which of the following is a valid arrangement of the executives?

In this arrangement, all the given conditions are met: Adam is not next to Chris or Emily, Ben is next to David, and Fiona is not at either end of the row.
Fani Warraich

.

Sidis IQ APTITUDE & ABILITY   -   Analytical Reasoning

Five friends – Alex, Brian, Chris, David, and Eric – are participating in a singing competition. They will perform one after the other. The following conditions must be met: i. Alex cannot perform before David or Eric. ii. Brian must perform before Chris. iii. David cannot be the first or last to perform. In which of the following sequences can the friends perform according to the given conditions?

This sequence satisfies all conditions: Alex does not perform before David or Eric, Brian performs before Chris, and David is neither first nor last.
Sidis IQ APTITUDE & ABILITY   -   Analytical Reasoning

In a chess tournament, there are six players: Alice, Bob, Carol, David, Emily, and Frank. Each player plays exactly once against each of the other players. The following conditions must be met: i. Alice must play against Bob and Emily. ii. Carol cannot play against David or Frank. iii. Emily must play against Alice and David. How many different matches can be played in total?

There are six players, so each player plays against five other players. However, the matches involving Alice, Emily, and Carol are determined by the given conditions, resulting in 12 matches.
Sidis IQ APTITUDE & ABILITY   -   Analytical Reasoning

Five books – A, B, C, D, and E – are placed on a shelf. The following conditions must be met: i. Book A cannot be placed next to book B. ii. Book C must be placed between books B and D. iii. Book E must be placed somewhere to the right of book A. Which of the following represents a valid arrangement of the books on the shelf, from left to right?

In this arrangement, all the given conditions are met: A is not next to B, C is between B and D, and E is to the right of A.
Sumera Nawaz ECONOMICS   -   Managerial Economics

What is the main reason for a firm to engage in price discrimination?

Price discrimination allows a firm to charge different prices to different customers based on their willingness to pay. By doing so, the firm can capture more consumer surplus and convert it into additional revenue, thereby maximizing its overall revenue.
Sumera Nawaz ECONOMICS   -   Managerial Economics

When should a firm continue producing in the short run even if it is incurring losses?

A firm should continue producing in the short run if its total revenue covers variable costs. This is because, in the short run, fixed costs are sunk and must be paid regardless of production. If the firm can cover its variable costs, it minimizes its losses by contributing to fixed costs.
Sumera Nawaz ECONOMICS   -   Managerial Economics

Where is the optimal point of production for a firm operating under perfect competition in the long run?

In the long run, a perfectly competitive firm will produce at the point where marginal cost (MC) equals average total cost (ATC), and this is also where MC equals marginal revenue (MR). At this point, the firm is making normal profit (zero economic profit), as any deviation would prompt market entry or exit, driving profits to zero.
Sumera Nawaz ECONOMICS   -   Managerial Economics

How to determine the profit-maximizing output level for a monopolist?

A monopolist maximizes profit by producing the output level where marginal revenue (MR) equals marginal cost (MC). At this point, the additional revenue from selling one more unit equals the additional cost of producing that unit, maximizing the firm's profit.
Sumera Nawaz ECONOMICS   -   Managerial Economics

Which factor can lead to economies of scale in production?

Economies of scale occur when a firm's per-unit costs decrease as production increases. One way this can happen is through bulk purchasing of raw materials at a discounted rate, which reduces the average cost of inputs and contributes to lower overall production costs.
Fani Warraich ECONOMICS   -   Managerial Economics

Which pricing strategy involves setting a high initial price for a new or innovative product to "skim" segments of the market willing to pay the higher price?

Price skimming involves setting a high initial price for a new or innovative product to capture the maximum consumer surplus from segments of the market willing to pay the higher price. As these segments are exhausted, the price is gradually lowered to attract more price-sensitive customers.
Fani Warraich ECONOMICS   -   Managerial Economics

How to determine the optimal capital structure for a firm according to the Modigliani-Miller theorem without taxes?

According to the Modigliani-Miller theorem without taxes, in an efficient market, the value of a firm is unaffected by its capital structure. The theorem posits that the firm's value is determined by its operating income and the risk of its underlying assets, not by how it is financed.
Fani Warraich ECONOMICS   -   Managerial Economics

Why is the kinked demand curve model used in oligopoly markets?

The kinked demand curve model is used to explain why prices in oligopoly markets tend to be rigid. The model suggests that firms are reluctant to change prices because they expect competitors to match price decreases but not price increases, leading to a kink in the demand curve and resulting in price stability.
Fani Warraich ECONOMICS   -   Managerial Economics

What is the primary characteristic of a Nash Equilibrium in game theory?

A Nash Equilibrium occurs when players choose strategies such that no player can benefit by unilaterally changing their strategy. At this equilibrium, each player's strategy is optimal given the strategies of all other players, leading to no incentive for any player to deviate.
Fani Warraich ECONOMICS   -   Managerial Economics

When analyzing a firm's cost structure, what does the term "economies of scope" refer to?

Economies of scope refer to cost savings that a firm experiences by producing a variety of products. These savings arise when the production of one good reduces the cost of producing another related good, often due to shared resources, technologies, or distribution channels.
Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "abate"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "cacophony"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "benevolent"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "ephemeral"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "garrulous"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "insipid"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "meticulous"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "obfuscate"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "prodigious"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "quixotic"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "recalcitrant"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "sanguine"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "tacit"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "ubiquitous"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "vicarious"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "wanton"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "zealous"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "abstruse"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "cogent"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "dormant"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "effulgent"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "fortuitous"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "gregarious"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "harangue"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "immutable"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "juxtapose"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "kismet"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "luminous"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "mendacious"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "nefarious"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "obsequious"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "palpable"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "quiescent"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "replete"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "soporific"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "tenuous"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "ubiquitous"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "venerate"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "wary"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "zephyr"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "abject"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "cursory"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "dissonant"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "efficacious"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "genuine"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "hallowed"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "immutable"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "languid"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "mollify"?

Fani Warraich ENGLISH   -   Antonyms

What is the antonym of "neophyte"?

Zaisha Shah ENGLISH   -   English Grammar & Composition

Which of the following sentences is grammatically correct?

Zaisha Shah ENGLISH   -   English Grammar & Composition

Identify the error in the sentence: "Neither the students nor the teacher were present

Zaisha Shah ENGLISH   -   English Grammar & Composition

What is the correct form of the verb in the sentence: "If he _____ the meeting, he would have been informed

Zaisha Shah ENGLISH   -   English Grammar & Composition

Which of the following is an example of a compound-complex sentence?

Zaisha Shah ENGLISH   -   English Grammar & Composition

Choose the correct sentence:

Zaisha Shah ENGLISH   -   English Grammar & Composition

Identify the type of clause in the sentence: "Although it was late, we decided to continue

Zaisha Shah ENGLISH   -   English Grammar & Composition

Which of the following sentences uses the subjunctive mood correctly?

Zaisha Shah ENGLISH   -   English Grammar & Composition

Identify the error in the sentence: "He is one of those people who is always late

Zaisha Shah ENGLISH   -   English Grammar & Composition

What is the correct form of the verb in the sentence: "She insisted that he _____ the truth

Zaisha Shah ENGLISH   -   English Grammar & Composition

Which of the following sentences is an example of passive voice?

Zaisha Shah ENGLISH   -   English Grammar & Composition

Choose the correct word to complete the sentence: "He is known for his ________ behavior

Zaisha Shah ENGLISH   -   English Grammar & Composition

What is the function of the word "that" in the sentence: "The book that you lent me was fascinating

Zaisha Shah ENGLISH   -   English Grammar & Composition

Identify the error in the sentence: "Neither of the answers are correct

Zaisha Shah ENGLISH   -   English Grammar & Composition

Which of the following sentences is punctuated correctly?

Zaisha Shah ENGLISH   -   English Grammar & Composition

What is the correct form of the verb in the sentence: "She wishes she _____ more time

Zaisha Shah ENGLISH   -   English Grammar & Composition

Identify the type of sentence: "Can you believe it?"

Zaisha Shah ENGLISH   -   English Grammar & Composition

What is the antonym of "verbose"?

Zaisha Shah ENGLISH   -   English Grammar & Composition

Choose the correct form of the adjective: "This is the _____ book I have ever read

Zaisha Shah ENGLISH   -   English Grammar & Composition

Which of the following is an example of an adverbial clause?

Zaisha Shah ENGLISH   -   English Grammar & Composition

Identify the error in the sentence: "The committee have made their decision

Zaisha Shah ENGLISH   -   English Grammar & Composition

What is the correct form of the verb in the sentence: "If she _____ harder, she would pass the exam

Zaisha Shah ENGLISH   -   English Grammar & Composition

Which of the following sentences uses a gerund correctly?

Zaisha Shah ENGLISH   -   English Grammar & Composition

What is the correct form of the verb in the sentence: "He suggested that she _____ the report

Zaisha Shah ENGLISH   -   English Grammar & Composition

Identify the type of punctuation used in the sentence: "Wow! That's amazing!"

Zaisha Shah ENGLISH   -   English Grammar & Composition

Choose the correct word to complete the sentence: "The teacher was _______ about the homework

Zaisha Shah ENGLISH   -   English Grammar & Composition

Which of the following sentences contains a misplaced modifier?

Zaisha Shah ENGLISH   -   English Grammar & Composition

What is the correct form of the verb in the sentence: "They would have arrived if they _____ the train

Zaisha Shah ENGLISH   -   English Grammar & Composition

Which of the following sentences is an example of a complex sentence?

Zaisha Shah ENGLISH   -   English Grammar & Composition

What is the antonym of "arduous"?

Zaisha Shah ENGLISH   -   English Grammar & Composition

Identify the error in the sentence: "Everyone should bring their own lunch

Zaisha Shah ENGLISH   -   English Grammar & Composition

Choose the correct form of the verb in the sentence: "She was _______ to finish her work

Zaisha Shah ENGLISH   -   English Grammar & Composition

What is the function of the word "although" in the sentence: "Although it was late, we continued working

Zaisha Shah ENGLISH   -   English Grammar & Composition

Which of the following sentences uses the correct form of the verb?

Zaisha Shah ENGLISH   -   English Grammar & Composition

What is the correct form of the verb in the sentence: "If I _____ you, I would apologize

Zaisha Shah ENGLISH   -   English Grammar & Composition

Identify the type of sentence: "Please pass the salt

Zaisha Shah ENGLISH   -   English Grammar & Composition

What is the antonym of "coherent"?

Zaisha Shah ENGLISH   -   English Grammar & Composition

Choose the correct word to complete the sentence: "His behavior was _______ to the situation

Zaisha Shah ENGLISH   -   English Grammar & Composition

What is the correct form of the verb in the sentence: "She wished she _____ the answer

Zaisha Shah ENGLISH   -   English Grammar & Composition

Which of the following sentences contains a dangling modifier?

Zaisha Shah ENGLISH   -   English Grammar & Composition

What is the antonym of "meticulous"?

Zaisha Shah ENGLISH   -   English Grammar & Composition

Choose the correct form of the adjective: "This is the _____ solution to the problem

Zaisha Shah ENGLISH   -   English Grammar & Composition

What is the function of the word "which" in the sentence: "The book, which I borrowed, is fascinating

Zaisha Shah ENGLISH   -   English Grammar & Composition

Identify the error in the sentence: "He runs faster than me

Zaisha Shah ENGLISH   -   English Grammar & Composition

What is the correct form of the verb in the sentence: "He _______ to the party if he had known

Zaisha Shah ENGLISH   -   English Grammar & Composition

Which of the following sentences is punctuated correctly?

Zaisha Shah ENGLISH   -   English Grammar & Composition

What is the antonym of "fortuitous"?

Zaisha Shah ENGLISH   -   English Grammar & Composition

Choose the correct word to complete the sentence: "The committee made a _______ decision

Zaisha Shah ENGLISH   -   English Grammar & Composition

What is the correct form of the verb in the sentence: "She suggested that he _____ the report

Zaisha Shah ENGLISH   -   English Grammar & Composition

Identify the type of punctuation used in the sentence: "Wow! What a beautiful sunset!"

Fani Warraich ECONOMICS   -   Macroeconomics

Which of the following is not typically an element in the structural change that accompanies development?

Structural change usually involves a decrease in the share of agriculture in GDP as economies develop.
Fani Warraich ECONOMICS   -   Macroeconomics

A supply side vicious circle of poverty suggests that poor nations remain poor because:

Low savings and investment create a cycle of poverty by limiting capital accumulation and growth in poor nations.
Fani Warraich ECONOMICS   -   Macroeconomics

When the manufacturer of power looms expands, there are forward linkage effects due to:

Forward linkage effects relate to increased production in downstream industries, like woven cloth in this case.
Fani Warraich ECONOMICS   -   Macroeconomics

A certain amount of goods and services is necessary for a minimum standard of living. This is called:

Basic needs refer to the minimum level of goods and services necessary to sustain a basic standard of living.
Fani Warraich ECONOMICS   -   Macroeconomics

With perfect income equality the Gini coefficient in a country would be

A Gini coefficient of 0 indicates perfect income equality, with no disparity in income distribution.
Fani Warraich ECONOMICS   -   Macroeconomics

There are strong theoretical reasons to expect that changes in wealth are responsible for changes in consumption. Nonetheless, one reason that we observe a tight link between consumption and disposable income is:

Household savings act as a buffer, making consumption less volatile relative to income fluctuations.
Fani Warraich ECONOMICS   -   Macroeconomics

The accelerator principle states:

The accelerator principle posits that investment is positively related to expected growth in output.
Fani Warraich ECONOMICS   -   Macroeconomics

Economic growth measures the:

Economic growth is commonly measured by the increase in a country's output of goods and services (GDP).
Fani Warraich ECONOMICS   -   Macroeconomics

Non-traded goods do not enter measured GDP because:

Non-traded goods, like services, are not included in GDP as they do not enter the market and hence lack market prices.
Fani Warraich ECONOMICS   -   Macroeconomics

The Keynesian assumption is a convenient analytical short cut and turns out to be a rather accurate description of the reality. What does it assume?

Keynesian economics often assumes constant prices in the short run to simplify analysis of demand-driven economic fluctuations.
Fani Warraich ECONOMICS   -   Macroeconomics

What is not a component of the GDP?

Employment rate is not directly a component of GDP, which measures the total output produced within a country.
Fani Warraich ECONOMICS   -   Macroeconomics

In short-run macroeconomic analysis, demand is often viewed as the driving force. Which component of total demand is often regarded as being independent of economic conditions and thus exogenous in the model?

Government spending and tax receipts are often treated as exogenous in short-run models, as they are determined by policy rather than economic conditions.
Fani Warraich ECONOMICS   -   Macroeconomics

Which kind of demand fluctuates the most?

Private demand for investment is highly volatile due to changes in business expectations, interest rates, and other factors.
Fani Warraich ECONOMICS   -   Macroeconomics

It is the _______ interest rate that matters for spending decisions and the _______ interest rate that is relevant when we look at monetary questions.

The real interest rate influences spending decisions by reflecting the true cost of borrowing, while nominal rates are used in monetary policy.
Fani Warraich ECONOMICS   -   Macroeconomics

The aggregate production function for the Solow growth model assumes ___________ returns to scale and _____________ marginal productivity of labour and capital.

The Solow model assumes constant returns to scale and diminishing marginal productivity for both labor and capital.
Fani Warraich ECONOMICS   -   Macroeconomics

The labour measure (L) is:

The labor measure (L) is typically the total number of employed workers multiplied by the average hours worked, reflecting the actual labor input.
Fani Warraich ECONOMICS   -   Microeconomics

The optimal capital stock is achieved when the user cost of capital is equal to:

Optimal capital stock occurs when the marginal product of capital equals the user cost of capital, balancing the costs and benefits of capital.
Fani Warraich ECONOMICS   -   Microeconomics

The essence of Engel's law is that as family income rise:

Engel's law states that as income increases, the proportion of income spent on food decreases.
Fani Warraich ECONOMICS   -   Microeconomics

The concept of opportunity cost is based upon the principle of:

Opportunity cost is based on the concept of scarcity, where choosing one option means forgoing the next best alternative.
Fani Warraich ECONOMICS   -   Microeconomics

Which of the following is an INCORRECT statement about a budget constraint?

Indifference between points on the budget constraint is incorrect; preferences between them can vary based on individual utility.
Fani Warraich ECONOMICS   -   Macroeconomics

Goal 1 of Sustainable Development Goals relates to:

Goal 1 of the SDGs focuses on ending poverty in all its forms everywhere, with a key focus on hunger.
Fani Warraich ECONOMICS   -   Macroeconomics

Financial Inclusion means:

Financial inclusion refers to ensuring that individuals and businesses have access to useful and affordable financial products and services.
Fani Warraich ECONOMICS   -   Macroeconomics

Gini coefficient is the measure of:

The Gini coefficient measures income inequality within a country, with 0 representing perfect equality and 1 indicating maximum inequality.
Fani Warraich ECONOMICS   -   Macroeconomics

Economic development is measured by:

Economic development encompasses various aspects, including sustenance, freedom, and self-esteem, reflecting overall human well-being.
Fani Warraich ECONOMICS   -   Macroeconomics

Core inflation measures:

Core inflation typically excludes volatile items such as food and energy, focusing on the CPI to measure underlying inflation trends.
Fani Warraich ECONOMICS   -   Macroeconomics

Okun?s Law defines the relationship between:

Okun's Law states that there is an inverse relationship between unemployment and GDP growth, with higher growth reducing unemployment.
Fani Warraich ECONOMICS   -   Macroeconomics

GDP measures ?all goods and services _________________________ produced in a given year?.

GDP measures the total market value of all goods and services produced within a country's borders in a given year.
Fani Warraich ECONOMICS   -   Macroeconomics

The monetary policy tools are used for:

Monetary policy tools are used by central banks to achieve multiple objectives, including price stability, financial stability, and economic growth.
Fani Warraich ECONOMICS   -   Macroeconomics

Quantity theory of money states that when the quantity of money increases, the value of money:

According to the quantity theory of money, an increase in the money supply leads to a proportional decrease in the value of money, leading to inflation.
Fani Warraich ECONOMICS   -   Macroeconomics

Fiscal and monetary policies are used to:

Fiscal and monetary policies are primarily used to stabilize the economy by managing demand and controlling inflation.
Fani Warraich ECONOMICS   -   Macroeconomics

GNP measures:

Gross National Product (GNP) measures the total production and income of a nation, including income earned abroad by its residents.
Fani Warraich ECONOMICS   -   Macroeconomics

In Pakistan, investment as a percentage of GDP is lower than:

Pakistan's investment as a percentage of GDP is lower compared to India, China, and Bangladesh, indicating challenges in attracting investment.
Fani Warraich ECONOMICS   -   Macroeconomics

Economic recession is defined as reduced economic activities and employment levels for at least:

An economic recession is typically defined as two consecutive quarters of negative GDP growth, leading to reduced economic activity and higher unemployment.
Zaisha Shah ENGLISH   -   Antonyms

The word nearly opposite to UBIQUITOUS:

Ubiquitous means something present everywhere.
Zaisha Shah ENGLISH   -   Antonyms

The word nearly opposite to PERNICIOUS:

Pernicious means something that is harmful.
Zaisha Shah ENGLISH   -   Antonyms

The word nearly opposite to MELLIFLUOUS:

Mellifluous describes something smooth and sweet-sounding.
Zaisha Shah ENGLISH   -   Antonyms

The word nearly opposite to EPHEMERAL:

Ephemeral refers to something that is short-lived.
Zaisha Shah ENGLISH   -   Antonyms

The word nearly opposite to ASTUTE:

Astute means having insight or being sharp-witted.
Zaisha Shah ENGLISH   -   Antonyms

The word nearly opposite to ENTHRALL:

Enthrall means to captivate or hold someone's attention.
Zaisha Shah ENGLISH   -   Antonyms

The word nearly opposite to SYCOPHANT:

A "sycophant" is a person who flatters excessively.
Zaisha Shah ENGLISH   -   Antonyms

The word nearly opposite to ASSUAGE:

Assuage means to soothe or make less severe.
Zaisha Shah ENGLISH   -   Antonyms

The word nearly opposite to RETICENT:

Reticent describes someone who is reserved or not outspoken.
Zaisha Shah ENGLISH   -   Antonyms

The word nearly opposite to INCESSANT:

Incessant means continuing without interruption.
Zaisha Shah ENGLISH   -   Synonyms

The word nearly similar to ESOTERIC:

Esoteric means understood by a few; the opposite is "Obvious."
Zaisha Shah ENGLISH   -   Synonyms

The word nearly similar to SQUALID:

Squalid means filthy or wretched; the opposite is "Clean."
Zaisha Shah ENGLISH   -   Synonyms

The word nearly similar to TACITURN:

Taciturn describes someone who is habitually silent; the opposite is "Loquacious."
Zaisha Shah ENGLISH   -   Synonyms

The word nearly similar to CONSTRICT:

Constrict means to make narrower; the opposite is "Expand."
Zaisha Shah ENGLISH   -   Synonyms

The word nearly similar to LOQUACIOUS:

Loquacious means talkative; the opposite is "Silent."
Zaisha Shah ENGLISH   -   Synonyms

The word nearly similar to INDOLENT:

Indolent means lazy or inactive; the opposite is "Active."
Zaisha Shah ENGLISH   -   Synonyms

The word nearly similar to COALESCE:

Coalesce means to come together; the opposite is "Disperse."
Zaisha Shah ENGLISH   -   Synonyms

The word nearly similar to RANCOR:

Rancor means bitterness or animosity; the opposite is "Amicability."
Zaisha Shah ENGLISH   -   Synonyms

The word nearly similar to ACQUIESCE:

Acquiesce means to agree or comply reluctantly; the opposite is "Resist."
Zaisha Shah ENGLISH   -   Synonyms

DEBILITATE:

Debilitate means to weaken; the opposite is "Fortify."

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