Question # 1

The real exchange rate is defined as the:

Market exchange rate adjusted for prices

Market exchange rate adjusted for interest rates

Market exchange rate

Exchange rate determined by the government

In February 2006, the Avian Influenza was reported by poultry farm in:

Hyderabad

Karachi

Multan

Charsadda

Macro Economics was introduced by

Alfred Marshall

J.M. Keynes

N.W. Senior

J.B. Clark

The aggregate supply curve is the relationship between:

The price level and the real domestic output purchased

The price level and the real domestic output produced

The price level which producers are willing to accept and the price level purchasers are willing to pay.

The real domestic output purchased and the real domestic output produced.

Inflation on prices:

Decrease

Remains constant

Increase

Become zero

For knowing the spending capacity of the household sector, we have to use the concept of:

National income

Personal income

Private income

Personal disposable income

NAT II Management Science Economy MCQs With Answers