Question # 1

Which of the followign is not included in personali income

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Social security benefits

Dividend payments

Undistributed corporate profits

Interest received from of saving certificates

Cross cheque has tow lines drawn on

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Right side upper corner

Left side upper corner

Right side lower corner

In the Centre

Which of the following is international trade

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Trade between provinces

Trade between countries

Trade betwene regions

Trade between continents

A country does not trade with othr contries is called an economy

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Open

Closed

Independent

None

Union leaders are in a better position to bargain for higher wages if labour demand is.

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Elastic

Inelastic

Very large

Permanent

The Government can colect funds from

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Taxes

Fees

Prices of public goods

All the three

Demand depostis are.

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Money

Banks notes

Legal money

Considerd and near money

Which is a monetary measure to increase employment.

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Increase in govt expenditure

Reduce govt expenditure

Increase in interest rate

Reducing intrest rate

Final balance of the payment of a country is

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Always balance

Always dificit

Always surplus

Flucluates

An asset is liquid when it is

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Being traded frequnetly

Earning a good rate of return

Is money or easily converted into money

All of the above

If we put this letter in the blank space we get quantity theory of money PY =M

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S

T

V

A

Every country establishes centralbank to

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Issue notes

Supervise commerical bank

Giveloans to businessmen

a and b of above

State Bank policy of regulating intrst rate is called.

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Monetary policy

Commerical policy

Banking policy

Fiscal policy

Private sector participation is expending in.

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Education

Health

Environment

a and b of the above

Consumption spending does NOT include.

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Household's purchases of clothes

Household's purchase of a car

Household's paymnet of rent for an apartment

Household's purchase of shares of a business corporation

Which measure has the larger value .

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NNP

GNP

GDP

NI

When value of money falls, they benefits more

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Debtors

Lenders

Farmers

Industrialist

Foregn trade creates among countries.

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Conficits

Cooperation

Hatred

None

Ric countries have deficit in their balance of payments

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Some times

Never

Atternatee years

Always

For the economy prices are beneficial

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Falling slowly

Rising slowly

Rising fast

Falling fast

Transfer payments means

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Bank loans

The payment without work

Tax payments

Payments made to all factors of production

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