Question # 1

The government spends on education percentage of GDP

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2

6

8

10

Aggregate demand means.

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Aggregate saving

Aggregate Income

Aggregate investment

Aggregate expenditure

Country is poor if it has.

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Less production of gods per capita

Less amount of gold

Less amout of foreign currency

Less exports

Whcih is the mot widely used tool of monetary policy

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Open market operations

Issuing of notes

Discount rate

Cleaning house

National income equals.

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c+ I+g

c-i-g

c-s-g

c+s+g

MPC is always.

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Positive

Negative

Zero

More then APC

Pakistan is not a memebr of

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IMF

ECO

OPEC

World Bank

Which of the following is international trade

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Trade between provinces

Trade between countries

Trade betwene regions

Trade between continents

This is a characteristic of good money

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High intrinsic value

Liquidity

Attractive design

Easy to duplicate

Whom of the followng propounded principles of taxation

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Keynes

Adam Smith

Marshall

Ghazali

The most important source of income of a government is.

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Foreign loans

Printing of New money

Sale of government property

Taxes

People do not care for environmetn problems because of.

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Lack of education

Fear of taxes

Proverty

a and c of the above

Which of the following would increase national income.

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Increase in taxation

incerese in savings

Increase in govt spending

Decrease in consumption spending

The most important source of income of a goernemnt is.

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Foreign loans

Taxes

Printing of new money

Sale of governemnt property

National Bank of Pakistan is

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Industrial Bank

Commercial Bank

Central Bank

Investment Bank

Two countries can gain from foreign trade if

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Cost ratios are differnet

Traiff rates are different

Price ratios are different

a and c above

Which measure has the larger value .

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NNP

GNP

GDP

NI

Demand depostis are.

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Money

Banks notes

Legal money

Considerd and near money

It is avoided to make correct estimate of national income.

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Free services

Double counting

Export earnings

All of the above

Govt. prepares its budget

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Weekly

Montly

Quarterly

Annually

When a commercial bank creaes credite. Its immediate effect is tha tit raises.

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The exchange rate

The money supply

The interest rate

The real national income

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