Question # 1

Who among the following makes a distinction between society and state?

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Pareto

Maclver

Charles Merriam

Bryce

When internal economics of scale occur:

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Total costs fall

Marginal costs increase

Average costs fall

Revenue falls

Which kind of diplomacy dealt with all actions by non-state actors in the field of foreign affairs?

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Track I diplomacy

Track II diplomacy

Shuttle diplomacy

Dollar diplomacy

The driving force that encourages people and organizations to improve their material well being is called:

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Private property

Big houses

Vacations

Profit motive

Who wrote 'The general Theory of Employment,interest and money''?

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Woodrow wilson

David Hume

Paul Samuelson

John Maynard Keynes

Who introduce the concept of multiplier first of all?

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Napier

Albert Enstein

Keynes

Adam Smith

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

Market value of all final goods and services produced in a country during a year is definition of

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NI

NNP

GNP

Consumption

In the world population-wise Pakistan is

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3rd

4th

6th

8th

What is the full form of the RADAR?

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Rays Detecting and Ranging

Radio Detecting and Ranging

Radiio0n Deceading and ranging

Radio Detecting and Roaring

If the minimum wage is set above the equilibrium wage rate then other things unchanged:

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There will be equilibrium in the labour market

There will excess demand in the labour

There will be excess supply in the labour market

More people will be employed

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