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In Pakistan income tax is
A and C of above
Direct
Proportional
Progressive tax
In Pakistan
There is no economic planning.
Markets work freely under govt.control
Government owns most of the means of production
All economic decisions are made through markets
Commercial banks create
Legal money
Credit money
Token money
Do not create money
This is a characteristic of good money
Liquidity
Attractive design
high intrinsic value
Easy to duplicate
Pakistan is an economy
Fast growing economy
Developing
Developing
A and C of above
Bank rate in Pakistan is
29%
19%
39%
9%
It is assumption of quantity theory of money
Velocity of circulation of money constant
A and b of above
govt. imposes new taxes
Quantity of traded goods increases
Pakistans expenditure on defence is
10% of federal budget
More than 35% but less than 45%
More than 25% but less than 35%
More than 10% but less than 25%
A TV set purchases from a retail store is an example of
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