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  1. Qamar Baloch

    A2 ECONOMICS: Guess Paper-4

    7A Economic rent is the difference between original earning and transfer earning. So, x-y will be the economic rent. the area above supply curve but below equilibrium wage is economic rent and the area below supply curve is transfer earning which he can get from next best alternative job.
  2. Qamar Baloch

    A2 ECONOMICS: Guess Paper-4

    rise in productivity shifts the curve toward right. see below correct 5B Interest rate is cost of capital. So, increase in cost of capital will lead the people to use more labour and less capital (machinery), given that capital and labour are substitutes of each other.
  3. Qamar Baloch

    A2 ECONOMICS: Guess Paper-4

    i will explain it to you after offering my prayer. if anyone can help then plz come forward. its very simple situation. I wish you should have studied my books!
  4. Qamar Baloch

    A2 ECONOMICS: Guess Paper-4

    I am going to offer prayer. keep on discussing with each other. I will be back soon inshaAllah.
  5. Qamar Baloch

    A2 ECONOMICS: Guess Paper-4

    22A Level of money income increases with the rise in money supply in the same proportion. double the supply of money double will be the price level..............................
  6. Qamar Baloch

    A2 ECONOMICS: Guess Paper-4

    so the correct answer will be where MU/price = 2 MU is 36 - 20 =16, 50 - 36 = 14, 62 - 50 = 12 and price is 6 so 12/6=2 is correct answer at Q=4
  7. Qamar Baloch

    A2 ECONOMICS: Guess Paper-4

    n05 q2 is answered at the end of this page. see there
  8. Qamar Baloch

    A2 ECONOMICS: Guess Paper-4

    so the correct answer will be where MU/price = 2 MU is 36 - 20 =16, 50 - 36 = 14, 62 - 50 = 12 and price is 6 so 12/6=2 is correct answer at Q=4
  9. Qamar Baloch

    A2 ECONOMICS: Guess Paper-4

    I am just concentrating on mcqs. anyone your friend who have a bit of time can come forward for this good work.
  10. Qamar Baloch

    A2 ECONOMICS: Guess Paper-4

    7B. MC at 1st unit of output shows that we have some cost at zero level of output as well. As Mc is the difference of cost at different level of output, so we can easily find out the cost at zero level of output and that will be the fixed cost. As the difference between 200 and fixed cost...
  11. Qamar Baloch

    A2 ECONOMICS: Guess Paper-4

    thanks dear for the good wishes. Allah bless you all.
  12. Qamar Baloch

    A2 ECONOMICS: Guess Paper-4

    welco me dear
  13. Qamar Baloch

    A2 ECONOMICS: Guess Paper-4

    http://www.xtremepapers.com/community/attachments/j06-16-doc.13038/?temp_hash=1ddd3395f44ce98e3f2ece259da0492f
  14. Qamar Baloch

    A2 ECONOMICS: Guess Paper-4

    28D All the other options are more likely to increase national income with full multiplier effect except rise in interest rate because due to rise in interest rate level of investment falls.
  15. Qamar Baloch

    A2 ECONOMICS: Guess Paper-4

    I have sent through attachment see below the last msg
  16. Qamar Baloch

    A2 ECONOMICS: Guess Paper-4

    http://www.xtremepapers.com/community/attachments/j06-20-doc.13037/?temp_hash=a0d1f0683cfb1c04f9e9150c0ace07ce
  17. Qamar Baloch

    A2 ECONOMICS: Guess Paper-4

    @patrianca http://www.xtremepapers.com/community/attachments/j06-16-doc.13036/?temp_hash=7027bc34c41407058b0316ebeeee1614
  18. Qamar Baloch

    A2 ECONOMICS: Guess Paper-4

    26B Borrowing from the public by the government will lead to higher demand for currency. So, rise in demand for currency results in increased interest rate. But the exchange value of currency will fall. Imports being costly and exports being cheaper will lead to fall in net exports. Net...
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