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Quiz # 03

ECONOMICS (Eco401)

Dear Students!

This is to inform that Quiz # 03 will be opened on July 29, 2015 and last date to attempt quiz will be July 30, 2015. Quiz will cover Lessons 22-31.

Short Demo:

If you want to know how to attempt a Quiz on VULMS, watch the following short demo on VU Facebook page.

Click here to see demo
Instructions:

You can start attempting the quiz at any time but within given date(s) by clicking the quick link for Quiz on VU-LMS as it will become enabled within the mentioned dates. As soon as the time will be over, it will automatically be disabled and will not be available to attempt it.
Quiz will be based on Multiple Choice Questions (MCQs).
Each question has a fixed time limit of 90 seconds. So you have to save your answer before 90 seconds. But due to unpredictable/unstable Internet speed, it is strongly recommended that you save your answer within 60 seconds to avoid any inconvenience. While attempting a question, keep an eye on the remaining time.
Attempting quiz is unidirectional. Once you have moved forward to the next question, you will not be able to go back to the previous one. Therefore before moving to the next question, make sure that you have selected the best option and saved your answer.
DO NOT press back button of your browser or refresh the page while attempting a question. Otherwise you will lose the chance of attempting the current question and a new question will be loaded.
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If for any reason, you lose access to Internet (like power failure or disconnection of Internet); you will be able to attempt the quiz again but from the next question where you left in last attempt. But remember that you have to complete the quiz before expiry of the deadline.
If you failed to attempt the quiz in given time then no re-take or off line quiz will be held as compensation/replacement.
Note related to load shedding: Please be proactive

Dear Students!

As you know that Post Mid-Term semester activities have started and load shedding problem is also prevailing in our country. Keeping in view the fact, you all are advised to post your activities as early as possible without waiting for the due date. For your convenience; activity schedule has already been uploaded on VULMS for the current semester, therefore no excuse will be entertained after due date of assignments, quizzes or GDBs.

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Please all students related this subject Share your online Quizzes here to help each other.thanks

Please share the question and their answers of this quiz if anyone has done.
Thanks

thanks + M.Tariq Malik

Mr. Tariq app he upload kar do koi

ya ly gi ma apna quiz kar dati hu bahi

Today my quizzz

Q1 Oligopoly differs from monopolistic competition in that
an oligopoly includes

Q2 The slope of the saving function (or line) is the:

Q3 Suppose that a farmer grows wheat and sells it to a baker
for Rs.1, the baker makes bread and sells it to a store for Rs.2,
and the store sells it to the customer for Rs.3. This transaction
increases GDP by Profit is maximized when:

Q4 Government expectations of future output growth.

Q5 A source of fluctuations in investment spending is changes in:

Q6 If Nominal GDP is divided by the GDP deflator, it is called:

Q7 An important difference between the approaches of the
Classical and Keynesian economists use to achieve a
macroeconomic equilibrium is that:

Q8 Consider a closed economy where total savings equals
Rs. 70000, investment is Rs. 90000 and total tax collection
is Rs. 35000. What are leakages into the circular flow of income?

Q9 According to classical economists, what was the main
reason of fall in investment during great depression?


Q10 There are commonly ________ methods of measuring GDP.
ANS Three

Q11 The kinked demand curve model is based on which of the following assumption
ANS None of the given options.

Q12 In which market structure(s), price will exceed marginal revenue?
ANS Monopolistic competition, oligopoly and monopoly

Q13 Intermediate goods are:
ANS combined into the production of finished products

Q14 The investment demand curve shows the relationship between the levels of:
ANS investment and the cost of borrowing for the firm

Q15 Suppose Gross Domestic Product (GDP) in 2007 equals Rs. 720,000.
If the values of indirect taxes and depreciation allowance are Rs.
250,000 and Rs. 40,000 respectively, the value of net domestic
product (NDP) is:
ANS Rs.680, 000.

Thanks Moona

Except the last question my quiz was totally different..

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