Question # 1

According to Keynes people demand money for purposes .

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1

2

3

4

This is a characteristic of good money

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High intrinsic value

Liquidity

Attractive design

Easy to duplicate

Total value of allfinal goods andservices produced annually by a country.

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NNP

GNP

GDP

NI

In calculating national income which one will NOT be included.

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Exports

Old age pensions

Wages of lecturer

Undistributed profit by firms

Paper money in Pakistan is

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Inconvertible

Convertible

Linked to gold

None of the above

Consumption is a function of.

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Saving

Investment

Income

Expenditure

It would increase the lvel of national income.

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An increase in taxation

A reduction in governmnet spending

An increase in exports

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Rupee is a coin

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Full value

Token money

Credite money

Convertible

Transfer payments means

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Bank loans

The payment without work

Tax payments

Payments made to all factors of production

This will cause decrease in natioal income.

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Rise in exports

Rise in saving

Increas in taxese

B and C above

According to Malthus Population increases by Pogression of kind

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Systematic

Arithmetic

Geometric

Automatic

Pakistan exports as percentage GDP are.

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4%

8%

12%

16%

The countribution of industrial section our GDP is.

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10%

20%

30%

40%

The bank can give loans

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Unlimited

Equal to deposites

less than deposits

More dhan deposits

If C = 200 and I = 40 then Y will equal

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160

240

8000

None of the above

National income equals.

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c+ I+g

c-i-g

c-s-g

c+s+g

In which form the larges percentage of national incomeis earned.

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Interest income

Proprietor's income

Elyees wages

Rental income

It is not a facor of economic development

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Money

Land

Capital

Technology

Balance of payments of country includes.

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Current account

Monetry Account

Capital Account

All of the above

Pakistan Per capita income of constnat prics in 2020 is in dollars

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1450

2450

4450

6450

It creates credit

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Central Bank

Commercial Bank

Government

Stock exchange

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