12th Class Economics MCQS Set 4

In the equation PY=MY showing quantity theory of money Y represents.

National income

Year of measurement of national income

a and c above

tax revenue of the govt

There are obstacles to rapid economic development of Pakistan

all of the above

Social

cultural

Political

Since 2005 custom duties have been reduced because of international agreement under

Word Bank

a and b of above

WTO

IMF

Which of the following must always balance

Balance on the current balance

Balance of invisible trade

Balance of Payments

Balance of visible trade

How many types of unemployment

5

6

7

4

Open market Operations is

Buying and selling shares of companies

Bying and selling foreign exchange

Buying and selling govt. securities

Buying and selling bills of exchange

How many merits of capitalism

7

6

9

8

The contribution of industry in our GDP is

29%

9%

19%

39%

The lower literacy rate in females in due to

Discriminatory social norms

Lack of access to educational institutions

All of the above

Parental ignorance

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

None of the above

8000

160

240