Question # 1

All labour is

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Homogeneious

Heterogenecous

Lazy

Intelligent

Pakistan per capita income in less than.

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Japan

India

Korea

All

Average growth rate of Pakistan's national income in past five years have been

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3%

13%

23%

33%

It can change money supply

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National Assembly

Supreme court

Government

State Bank

In the equation MV =PY represents

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Money supply

Money Demand

Maximum output

Minimum Optput

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

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Services

Industry

Agriculture

Banking

This is a difficulty of barter

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Lack of double coincidence of wants

Diffculty to produce goods at larger scale

Lack of divisiblility of many goods

All of the above

Policy of Protecton in trade

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Facilitates trade

Protects local producers

Protects foreign producers

Protects exporters

Net exports equal

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Exports x imports

Exports + imports

exports- imports

None of the above

It is not a facor of economic development

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Money

Land

Capital

Technology

If saving exceed investment then

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National income rises

National income falls

National income is not affected

None of the above

GNP is

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Total Sales in the economy

Total monetary transactions in an economy

Sum of market values of all goods and services prodcued in an economy

Totla spending in an economy

First women bank is

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Govt Bank

Privat bank

Non Scheduled bank

Investment Bank

Equilibrium of national income will be when

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S >I

S < I

S = I

S - 1

Ric countries have deficit in their balance of payments

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Some times

Never

Atternatee years

Always

In GNP of pakistan rises. It will encourage

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Exports

Imports

Both

None

Open Market Operations is

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Buying and selling govt securities

Buying and selling shares of companies

Buying and selling bills of exchange

Buying and selling foreign exchange

Which measure has the larger value .

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NNP

GNP

GDP

NI

Which statment is true

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NNP =GNP- Deprection

NNP =N1

NNP = DPI

NNP = GNP + Depreciation

This steps will increase investment in Pakistan.

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Increse taxes

Increase population

Increase investment rate

Decrease intrest rate

Investment spending included the purchase of.

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Lottery coupon

Prize Bond

Residential construction

all of the above

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