Question # 1

Investment depends mainly on:

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Past levels of income

Futures expected profits

Present National Income levels

Historic data

Andante is usually described as:

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Brisk

Walking Pace

frenzied

Slow

State Bank of Pakistan was established in:

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1st july 1948

1st july 1950

1st july 1952

1st july 1954

An Enquiry into the Nature and Causes of Wealth of Nations is the book of economics written by:

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Adam Smith

Marshall

Robbins

None of above

When surplus occurs?

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The price of the good decreases

The quantity demanded is greater than the quantity supplied

The quantity supplied is greater than the quantity demanded

The quantity demanded is equal to the quantity supplied

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

Opportunity cast of a factor is known as

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Transfer earning

Money cost

Present earning

None of the above

Who among he following gave the concept of 'mass' mind?

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Pareto

Mosca

Michels

Gassef

Which of the following is not required while computing Gross National product (GNP)?

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Net foreign investment

Private investment

Per Capital income of citizens

Purchase of goods by government

If interest payment is deducted from the fiscal deficit,then the balance is-

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Primary deficit

Budgetary deficit

Revenue deficit

Monetary deficit

Aggregated demand will increases if:

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Consumption falls

investment falls

Exports fall

Imports falls

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