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Old Wednesday, January 01, 2014
Adeel Ahmed Adeel Ahmed is offline
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Quote:
Originally Posted by Noman Ali View Post
longest day and shortest night is observed on 22nd Decemebr in Melbourane
I answerd it Karachi which is wrong


Who presented model of monoplistic competition? Chamberlin
first 5 year plan was started in 1955


in long run equilibruim a perfectly competitive firm earns: Zero prfoit

most regressive form of taxation is: Excise tax

We take guidence about how to offer prayer from Hadith. Quran Pak has the commandment while the detail about No. of Rakat and timings is in Hadith. Sunnah is not the correct answer as per my knowledge

a monoplist in a labor market: Single buyer/single seller/ both/ none
I answered it none because there is no monoply in labor market




I have edited a few answer

1. Canon of Equality:
The word equality here does not mean that everyone should pay the exact, equal amount of tax. What equality really means here is that the rich people should pay more taxes and the poor pay less. This is because the amount of tax should be in proportion to the abilities of the tax payer. It is one of the fundamental concepts to bring social equality in the country.

The canon of equality states that there should be justice, in the form of equality, when it comes to paying taxes. Not only does it bring social justice, it is also one of the primary means for reaching the equal distribution of wealth in an economy.

Reference:
http://hunbbel-meer.hubpages.com/hub...n-in-Economics



I have attempted 47 Questions 40 are correct 1 is doubtful while 6 are wrong.
You attempted 47 questions while you skipped 10 questions. Isn't it amazing.
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