Question # 1

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

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160

240

8000

None of the above

Threre are methods of measurieng natinal income

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5

4

2

3

Invisible items in balce of payments include.

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Foreign remittances

Income from tourism

Internet charges

All the three

Commercial banks accept deposits and provide

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Money

Loans

Bill of exchange

According to Keynes people demand money for purposes .

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1

2

3

4

Working population in Pakistan i in the ratio of total population

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1/3

1/2

1/4

1/5

Govt. transfer payment include

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Social security benefits

Welfare benefits

Student scholarships

All of the above

Corporae tax is levied on

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Landdlords

Inporters

Big companies

Municipal corporations

The lower literacy rate in females is due to.

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Lack of access to educational institutions

Parental ignorance

Discriminatory socialnorms

all of the above

Environment includes.

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Ecosystem

Wildlife

Forests

All of the above

Whis is the most widely used tool of monetary policy

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Open market operation

Clearing house

Discount rate

Issuing of the note

Net investment is

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Gross investment minus household investment

Gross investment minus govt. investment

Gross investment minus capital consumption allowance

None of the above

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

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NNP

GNP

GDP

NI

It is avoided to make correct estimate of national income.

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Free services

Double counting

Export earnings

All of the above

Direct taxes are not included in

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DPI

PI

NNP

a and c above

Which One is equation of exchange.

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PT = MV

PV = MT

PM = TV

None

Balance of payments of country includes.

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Current account

Monetry Account

Capital Account

All of the above

It is transfer payment

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Payment o college tuition

A social securiy payment

Payment for a leased car

Intrest paid for a bank loan

GNP is always.

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Less than NNP

Grether than NNP

Equal to NNP

Is found from NNP

Taxes on commodities are

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Direct taxes

Indirect Taxes

Progressive taxes

Propotional taxes

Pakistan started its first five year plan in

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1947

1950

1955

1960

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