Question # 1

The free market involves:

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The free provision of products

The subsidising of products by the government

Market forces of supply and demand

All trad via barter

The unproductive expenditure of the rich is Necessary to the employment of the poor:

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An impediment to the growth of an economy

Having no bearing on the economy of the rich

Having no bearing on the economy

having bearing only on the economy of the rich

An increase in cost will:

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Shift aggregate demand

Shift aggregate supply

Reduce the natural rate of Unemployment

Increase the natural rate of unemployment

Which of the following is a global organization?

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IMF

World Bank

WTO

All of these

Sometimes a physiclan orders a BMP ft measure the basic electrolyte levels in your blood,l What does the acronym BMP stand for?

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Basic Medication panel

Basic metabolic Panel

Bone measuring panel

Blood Measuring panel

What is the full form of the NESPAK?

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New Engineering Services of Pakistan

Newly Engineering Services of Pakistan

National Engineering Services of Pakistan

National Engineering Services of Punjab

What is the Essence of Control?

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To take decision

To take corrective action

To make enquiry

To motivate

Which one of the following according to Morgenthau is not a vital component of national interest?

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Physical identity

Political identity

Cultural identity

Individual identity

What is mixed economy?

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Has supply but not deman

Has demand by not supply

Has supply and demand

Has market forces and government intervention

What is meant by the term the Grey shirts movement?

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Belgian Neo-Nazis

An American right-Wing movement

Italian Liberal Movement

South African Nationalists

In America it is called a biscuit, What do the British call it?

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Scone

Wafer

Cookie

Cone

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