Question # 1

When you consume more and more of a commodity continuously, your total satisfaction level will?

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Decrease

Fluctuate

Remain

Increase

Which of the following is an active factor of production?

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Land

Labour

Capital

Organization

GDP plus net property income from abroad equals what?

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GNP

NNP

Depreciation

Real GDP

The Samuelson Holt formula provides a measure of?

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Consumer's equilibrium

Consumer's surplus

Elasticity of demand

Marginal utility

A brief story in prose or verse that teaches a moral or gives a pract6ical lesson about how to get along in life is called a:

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Myth

Dram

Folk tale

Fable

An Australian superstition concerning the number 87 by association 187,287 etc:

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The English number

Napoleon

Nelson

The Devil's number

The scientific study of the sociological and Psychological aspects of aging and psychological aspects of aging and the problems of the aged is called?

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Gerontology

Ethnography

Exogamy

Incest taboo

Monetary Policy of Pakistan is regulated by:

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Money Lenders

Central Bank

Private entrepreneurs

Government Policy

To control inflation the central bank should do:

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To sell government securities and to decrease bank rate

To sell government securities and to increase bank rate

To purchase government securities and to increase bank rate

To purchase government securities and to decrease bank rate

Where is the headquarters of World Trade Organization?

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New Delhi

New York

Geneva

None of the above

The standard of living is often measured by:

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Real GDP per capita

Real GDP

Real GDP population

Real GDP plus depreciation

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