Question # 1

What is a hard currency?

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Whose external value is increasing

Which can be acquired only with official permission

Which can be obtained only against sale of gold

Which is accepted in International transactions

Which of the following is not a macroeconomic issue?

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Unemployment

Inflation

The wages paid to footballers

Economic growth

Which is the largest import Pakistan?

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Food

Petroleum

Fertilizer

Medicine

Where is the European central bank Located:

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Luxembourg

Basel

Frankfurt

London

Utility means:

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Power to satisfy a want

Usefulness

Willingness of a person

Harmfulnes

The Keynesian theory of employment provides the solution of?

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Frictional unemployment

Disguised unemployment

Cyclical unemployment

Seasonal unemployment

A governmental agency that has the abbreviation of FDA is what:

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free diet advice

Federal Drug agency

food and drug administration

federal deposit agency

An increase in aggregate demand will have most effect on prices if:

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Aggregate supply is price inelastic

Aggregate supply is price elastic

Aggregate supply has unitary price elasticity

Aggregate demand is price inelastic

Blue Revolution is related to:

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Space research

Poultry

Fisheries

Drinking water

In comparison to revenue deficit; the size of fiscal deficit is always

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Higher

Smaller

Similar

Uncertain

Black money is:

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Counterfelt currency

Illegally earned money

Money earned through underhand deals

Income on which payment of tax is usually evaded

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