What can a government do to increase demand in its economy ?
A. Budget for a surplus
B. Cut taxes
C. Encourage savings
D. Reduce its expenditure
GNP includes ?
A. A loan from a bank
B. A loan from one’s parents
C. Gifts and donations
D. A broker’s commission
Market value of all final goods and services produced in a country during a year is definition of ?
A. NI
B. NNP
C. GNP
D. Consumption
Which of the following would increase national income ?
A. Increase in taxation
B. Increase in savings
C. Increase in govt spending
D. Decrease in consumption spending
Which is most likely to cause a more even distribution of income ?
A. An increase in indirect taxes
B. An increase in managers salaries
C. An increase in progressive taxation
D. An increase in the rate of inflation
The sum of total income received for the services of labor, land or capital in a country is called?
A. Gross domestic product
B. National income
C. Gross domestic income
D. Gross national income
‘Forex’ stands for ?
A. For examine
B. Foreign exchange
C. Foreign exports
D. None of these
Pakistan follows the policy of ________?
A. Fixed exchange rate
B. Flexible exchange rate
C. controlled exchange rate
D. Increasing exchange rate
What could a government do to correct the current account deficit ?
A. Reduce the deficit on the balance of trade
B. Reduce the repayment of loans
C. Reduce the surplus on the capital account
D. Reduce the volume of exports
When stock market is falling it is ______?
A. Bearish
B. Bullish
C. Crash
D. Fall down
