12th Class Economics MCQS
What will be expected result if the value of rupee falls against dollar
The price of American goods in USA will fall
The Price of Pakistani goods in Pakistan will fall
The price of Pakistani goods in USA will rise
The price of American goods in Pakistan will rise
If C =200 and 1 = 40 then Y will equal
160
8000
none of the above
240
Capitalism is defined as an economic system where there is
All of the above
Private ownership of property
A reliance over free market
A lack of planning
Pakistan has only ______ of total land area covered with forest placing Pakistan among countries with Low Forest Cover
15%
10%
20%
5%
In the equation MV=PYM represents
Minimum output
Money demand
Money supply
Maximum output
It is medium of exchange
Black money
Currency
Near money
Foreign exchange
Which is the source of interest for a bank
Investment
Advances
Bills discounted
All
Pakistan needs
Educational planning
Economics planning
Population planning
All of the above
Which is the flow concept
Number of my shirts
Money supply
My monthly income
My total wealth
Transfer payments means
Tax payment
Bank loans
Payment made to all factors of production
The payment without work
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