Question # 1

It helps countries to meet deficit in balcne of payments.

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IMF

WTO

World Bank

UNO

Pursching power of money during defiation is.

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Increased

Reduced

Constant

Fluctuating

If we include it. national income will be over estimated

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Transfer payment

Income from abroad

Illegal income

Exports

In equilibrium of nationalincome.

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S > I

S = I

S < I

All are true

Which One is equation of exchange.

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PT = MV

PV = MT

PM = TV

None

Speculative demand for money depends upon

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Income

Investment

Rate of Interest

Central bank

Which statment is true

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NNP =GNP- Deprection

NNP =N1

NNP = DPI

NNP = GNP + Depreciation

Transfer payments are not included in national income becaues.

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Such payments are made to persons livnig abroad

Double counting would result

They are illegal

There is no method to account for these

Which of the following would NOT be included in GNP

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Govt. Transfer payments

Got. Purchase of an air plane

Payment for construction of highway

Salary paid for the presidents secretary

Which of the following compares everage pricw of exports to avarage Price of imports.

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Balance of payments

Balance of trade

Terms of trade

Exchange of rate

When a commercial bank creaes credite. Its immediate effect is tha tit raises.

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The exchange rate

The money supply

The interest rate

The real national income

This steps will increase investment in Pakistan.

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Increse taxes

Increase population

Increase investment rate

Decrease intrest rate

The receipt of payments for goods exported and imported are counted in .

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Capital Account

Trade Account

Current account

Monetary account

Consumption is a function of.

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Saving

Investment

Income

Expenditure

MPC is always.

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Positive

Negative

Zero

More then APC

Total number of branches of Pakistani banks is approximately

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5000

10000

15000

20000

A skilled worker is an example of.

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Scarcity

An entrepreneur

The labour input

a and c above

Working population in Pakistan i in the ratio of total population

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1/3

1/2

1/4

1/5

Nationalisation of banks was done in

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1974

1976

1978

1980

It is not a facor of economic development

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Money

Land

Capital

Technology

It is avoided to make correct estimate of national income.

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Free services

Double counting

Export earnings

All of the above

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