Economics MCQs

Page No. 418

The govt. can control inflation by______________?


aIncreasing demand for goods


bIncreasing supply of goods


c Increasing money supply


d Decreasing taxes



When stock market is falling it is_______________?


a Bearish


bBullish


cCrash


dFall down


View Answer Bearish

What could a government do to correct the current account deficit ?


aReduce the deficit on the balance of trade


b Reduce the repayment of loans


cReduce the surplus on the capital account


dReduce the volume of exports



Pakistan follows the policy of_______________?


aFixed exchange rate


bFlexible exchange rate


ccontrolled exchange rate


dIncreasing exchange rate



‘Forex’ stands for ?


aFor examine


bForeign exchange


cForeign exports


dNone of these


View Answer Foreign exchange

National income refers to ?


aMoney value of goods and and services produced in a country during a year


bMoney value of stocks and shares of a country during a year.


c Money value of capital goods produced by a country during a year.


dNone of these



Fiscal deficit in the budget means ?


aRevenue deficit plus the net borrowings of the government


b Budgetary deficits plus the net borrowings of the government


cCapital deficit plus revenue deficit


dPrimary deficit minus capital deficit



The sum of total income received for the services of labor, land or capital in a country is called?


a Gross domestic product


bNational income


cGross domestic income


d Gross national income


View Answer National income

Which of the following would increase national income ?


a Increase in taxation


bIncrease in savings


c Increase in govt. spending


dDecrease in consumption spending



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


aNI


bNNP


cGNP


dConsumption


View Answer GNP

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