Question # 1

International trade and domestic trade fiffer because of.

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Trade restrictions

Immobility of factors

Difference govt Policy

All of the above

Treasury bill is used for

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Getting short term loans by central bank

Getting long term loans

Collecting govt. taxes

Make payments of utility bills

Our exportw mainly counsist of.

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Cotton Product

Machinery

Sports goods

a and c above

The four factor payments are.

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Money, Capital, salaries, and income

Wages, rent internest and profts

Money, power, Prices, and wwalth

Wags, intrest, salareis,andtaxes.

It is not a facor of economic development

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Money

Land

Capital

Technology

Litracy rate is lower in

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Males

Females

Urban Areas

B and C above

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

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160

240

8000

None of the above

The bank can give loans

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Unlimited

Equal to deposites

less than deposits

More dhan deposits

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

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Ric countries have deficit in their balance of payments

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Some times

Never

Atternatee years

Always

Progressive taxes

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Incereasegovernemnt revenue

Bring equality in distributio nof incomes

Act as panality for rich people

a and b of above

Market value of all final goods and services produced in a country during a year is definition

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GNP

NNP

NI

Consumption

Credit money is created by

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Central bank

Commercial Bank

Government

All of the above

The largest sector of Pakistan economy

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Transport

Agriculture

Industry

Trade

Pakistan Started its planning expence with

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Colombo plan

Tokyo plan

Karachi Plan

London Plan

Acting as lender of last resort a central bank lends to.

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Commercial Bank

Stock exchange

Money markets

Does not lend

Quantity of oney has relation with alue of money

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Direct

Indirect

Inverse

No relation

There are obstacles to rapid economic development of Pakistan

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Social

Political

Cultural

All of the above

Demand deposit are

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Money

Bank note

Legal Money

Considered to near money

It helps countries to meet deficit in balcne of payments.

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IMF

WTO

World Bank

UNO

IMF has given loan to Pakistan. It wilimprove Pakistan's

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Current account

Capital Account

Overall balance of payments

B and c above

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