PPSC Economics Topic 10 Public Finance

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PPSC Economics Topic 10 Public Finance

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PPSC Economics Topic 10 Public Finance

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Question # 1

The goal of a pure market economy is to best meet the desires of

Question # 2

If there is a price celling, there will be.

Question # 3

National Income account of Pakistan have registered GDP & GNP as.

Question # 4

a nation with a current account deficit will be

Question # 5

A market is in equilibrium when

Question # 6

During the last eight years the per capita income in Pakistan has been

Question # 7

In the home country government grants a subsidy of a domestically produced good domestic producers tend to.

Question # 8

Starting from a position where the nation's money demand equals the money supply and its balance of payments is it equilibrium, economic theory suggest that the nation's balance of payments would more into a surplus position if there occurred in the nation a.

Question # 9

The exogenous variable in the income equation C +!+G = y is

Question # 10

The form of intonational price discrimination normally associated with economic recession or excess inventions in the exporting nation is known as.

Question # 11

If the coefficient of income elasticity is negative.

Question # 12

The overall Budget Deficit is financed from

Question # 13

Personal inocme is obtained by adding which items to national income

Question # 14

Your checking account is

Question # 15

If there is a prices celling, which of the following is NOT likely to occur.

Question # 16

In autarky when a community maximizes its standard of living its production points is.

Question # 17

The funds used for further investment in joint stock company refers to.

Question # 18

Currency speculations is_________ if speculators bet against market forces that cause exchange functions, thus moderating such fluclutions.

Question # 19

According to the cost based definition of dumping dumping occurs when a firm sets a product abroad at a price that is less than

Question # 20

In a pure market economy which of the following is a function of the price.
i - provide information to sellers and buyers
ii- Provide incentives to sellers and buyers

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