Prepare yourself from the recent PAST PAPERS. Here you will find Important Past Papers of Fpsc, Nts, Kppsc, Ppsc, Spsc, Bpsc, Ots, Uts, Pts, Cts, Sts, Ats, etea, Motorway Poice and other testing agencies of Pakistan.
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Past papers helps you to get the best marks in the test. Past papers often reveal a database of questions commonly used by test makers, who frequently shuffle these questions across different exams. With the help of previous papers, you can find challenging questions and get an idea of how you can improve your weakness. Past papers also give an idea of the framework of the question and how much time required for one question at the exam time.
A. Only if both comparative and absolute advantage are present in both countries.
B. If opportunity costs are the same in the countries involved.
C. Only if there are economies of scale available. D. If countries specialize in the production of goods in which they are relatively more efficient.
A. Have a large GDP than GNP
B. Grow slower economically than the other country
C. Grow faster economically than the other country
D. Have smaller GDP than GNP
A. The same as personal income
B. Income that is used only for consumption C. Personal income remaining after income taxes
D. Exclusive of social security payments or welfare
A. Total utility of the good for consumption of the last unit B. Extra utility associated with consuming another unit of the good
C. Utility associated with consuming an alternative good
D. Consumer surplus associated with the consumption of an alternative good