| 1 |
Black money is:
|
Counterfelt currency<br>
Illegally earned money <br>
Money earned through underhand deals<br>
Income on which payment of tax is usually evaded<br>
|
| 2 |
Monetary Policy of Pakistan is regulated by:
|
Money Lenders <br>
Central Bank <br>
Private entrepreneurs <br>
Government Policy <br>
|
| 3 |
Which of the following country's economy is know as high economy?
|
America <br>
U.K
Singapore <br>
All of these <br>
|
| 4 |
The prices elasticity of demand coefficient indicates:
|
Buyer responsiveness to price changes <br>
The extent to which a demand curve shifts as incomes changes<br>
The slope of he demand curve <br>
How far business executive can stretch their fixed costs <br>
|
| 5 |
In common meaning inflation is a condition in which__
|
Price of commodity increases <br>
Value of money decreases <br>
Price of Commodity and value of both increases<br>
Price of commodity increases and value of money decreases <br>
|
| 6 |
Land is the only factor of production whose supply is?
|
More Elastic <br>
Perfectly Elastic <br>
Perfectly Inelastic<br>
Unitary Elastic<br>
|
| 7 |
What usually constitutes the main source of a governments income:
|
Loans <br>
Taxes and levies <br>
Profits form business undertakings <br>
Grants form world Bank<br>
|
| 8 |
When the economic activity in an economy is on the decline, then it is called a:
|
Boom <br>
Depression<br>
Deflation <br>
Recession <br>
|
| 9 |
What is the single most important factor that makes the markets works?
|
Money <br>
Alan Greenspan <br>
Markets don't works <br>
Greed <br>
|
| 10 |
Monopoly is when there is a single:
|
Seller <br>
Market <br>
Buyer <br>
Game <br>
|
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