12th Class Economics MCQS Set 7

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12th Class Economics MCQS


Rate of growth of population in Pakistan is.
Increasing
Decreasing
Unpredictable
Constant

According to Malthus population increases by progression of kind
automatic
arithmetic
Geometric
systematic

Forest cover in Pakistan is
4%
8%
2%
6%

Export service is called trade in
Basic goods
Visible goods
Invisible goods
Non real goods

Progressive taxes
Bring equality in distribution of income
Increase government revenue
Act as penalty for rich people
A and B of above

Pakistans per capita income is less than
All
Korea
India
Japan

Which statement is true of the relationship between bond prices and bond yields?
The are related in long run and not in the short run
They very inversely
The are not related
They tool very directly

If indirect taxes are deducted from NNP and subsidies are added we achieve
NI
Per capital income
Personal savings
DPI

When a commercial bank creates credit. it immediately raises
Its labilities
its assets
Money supply
a and c above

A person who is tax-payer can shift the burden of tax to someone else. The tax is called.
transfer tax
shiftable tax
undesirable tax
Indirect tax

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