Question # 1

It is counted in GDP

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Sale price of an old car

A TV set produced this year but not sold

Purchase of 100 shares of PSO

The leisure people consume

Quantity of oney has relation with alue of money

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Direct

Indirect

Inverse

No relation

Cross cheque has a cross sign in the

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Right side upper comer

Right side lowr comer

It does not have cross sign

Left side upper corner

Which type of card is not issued by central banks

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Credi card

Debit card

ATM Card

None is issued by it

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

International trade and domestic trade fiffer because of.

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Trade restrictions

Immobility of factors

Difference govt Policy

All of the above

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

Productive of labour can be increases by

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Raising minimum wages

Raising avarege wages

Increaseing skills of workers

All of the above

Cash cannot be directly obtaines from a bank against

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Cross cheque

Order cheque

bearer cheque

Traveller cheque

In the equation MV =PY represents

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Money supply

Money Demand

Maximum output

Minimum Optput

A Triff

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Increase the volume trade

Reduces the volume of trade

Has no effect on volume of tradea

a and c above

Balance of payment of a country has major parts.

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2

3

4

5

This wil cause anincrease in national income

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Rise in exports

Fall in consumer spending

Rise in imports

Increase in saving

Acting as lender of last resort a cenral bank lend to.

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Money market

Stock exchange

Commercial Bank

Does not lend

The share of 20% of population which forms the lowest income group gets share of Pakistan's national income as.

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6%

9%

12%

15%

State Bank policy of regulating intrst rate is called.

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Monetary policy

Commerical policy

Banking policy

Fiscal policy

The receipt of payments for goods exported and imported are counted in .

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Capital Account

Trade Account

Current account

Monetary account

It would increase the lvel of national income.

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An increase in taxation

A reduction in governmnet spending

An increase in exports

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Unemployment tkes place because of.

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High demand for labour

High population growth rate

More exports

Higher education

A closed economy is best described as one in which

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thre are no monopolies

No corporations

No extemalities

No international trade

Open Market Operations is

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Buying and selling govt securities

Buying and selling shares of companies

Buying and selling bills of exchange

Buying and selling foreign exchange

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