Question # 1

This is not a Principal of taxation

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Principal of equality

Pricipal of secracy

Principal of adequacy

Principal of convenience

Marginal propensity to consume MPC is.

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Total income spent on consumption

Ratio of additionalincome consumed

Ratio of total income consumed

Consumption divided by saving

Population Growth rate in Pakistan is

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0.9%

19%

2.9 %

3.9%

Whom of the followng propounded principles of taxation

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Keynes

Adam Smith

Marshall

Ghazali

Taxes on commodities are

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Direct taxes

Indirect Taxes

Progressive taxes

Propotional taxes

Whcih is the mot widely used tool of monetary policy

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Open market operations

Issuing of notes

Discount rate

Cleaning house

MPC is always.

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Positive

Negative

Zero

More then APC

Transfer payments means.

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Bank loans

The payment without work

Payments made to all factors of production

Tax payments

Which is a monetary measure to increase employment.

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Increase in govt expenditure

Reduce govt expenditure

Increase in interest rate

Reducing intrest rate

This will cause decrease in natioal income.

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Rise in exports

Rise in saving

Increas in taxese

B and C above

This steps will increase investment in Pakistan.

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Increse taxes

Increase population

Increase investment rate

Decrease intrest rate

Transfer payments include.

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Daily wages, pensions

Pensions Zakat

Taxes, pocket money

Zakat , taxes

Which is a flow concept.

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Number of my shirts

My montly income

My total wealth

Money Supply

According to Malthus Population increases by Pogression of kind

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Systematic

Arithmetic

Geometric

Automatic

This is a characeristics of good money

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High intricnsic value

General acceptability

Atractive design

Easy of duplicate

National Income = Ntional Expenditure is an

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Equation

Identity

Function

None

Unemployment tkes place because of.

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High demand for labour

High population growth rate

More exports

Higher education

In calculating national income which one will NOT be included.

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Exports

Old age pensions

Wages of lecturer

Undistributed profit by firms

Govt policy about exports and imports is called.

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Monetary policy

Fiscal policy

Commercial Policy

Finance policy

GDP atconstnat prices, calculated according to some base year is called.

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acutal GDP

Real GDP

Net GDP

Nominal GDP

If C = 200 and I = 40 then Y will equal

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160

240

8000

None of the above

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