Question # 1

Visible exports include

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Remittance

Computer Hardware

Computer software

Transport cost

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

Productive of labour can be increases by

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Raising minimum wages

Raising avarege wages

Increaseing skills of workers

All of the above

The goods which arw used directly by the people are called.

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Consumer goods

Capital good

Direct good

None

Which shows equilibrium of national income

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Consumption = investment

Saving = investment

Saving > investment

Saving < investment

Cheque is

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Legal Money

Credit money

Paper money

Not money

State Bank policy of regulating intrst rate is called.

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Monetary policy

Commerical policy

Banking policy

Fiscal policy

The largest share in Pakistan's GNP is that of.

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Services

Industry

Agriculture

Banking

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

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160

240

200

8000

When economic development takes place.

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Market imperfections increase

Population increses

Capital stock increases

All of the above

Labour includes

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The inventor

The innovator

The unskilled worker

All of the above

Standard of living of worker depends upon their

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Nominal wages

Real wages

Average product

Govt. Policy

When value of money falls, they benefits more

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Debtors

Lenders

Farmers

Industrialist

Drung inflation

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Lenders lose borrowers gain

Borrowers and lenders both ose

Borrows lose lenders gain

All sections of the society gain

Corporae tax is levied on

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Landdlords

Inporters

Big companies

Municipal corporations

If money supply in a country decreses

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Price will rise

Price will fall

Rate of intrese falls

B and C of above

Demand deposit are

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Money

Bank note

Legal Money

Considered to near money

Convert money means.

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It can buy goods

Govt. give gold against

Illegal money

Low value money

Private sector participation is expending in.

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Education

Health

Environment

a and b of the above

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

Students scholarships

People do not care for environmetn problems because of.

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Lack of education

Fear of taxes

Proverty

a and c of the above

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