(A) Business inventory accumalates
(B) Unemployment exists
(C) Price of customer goods rise
(D) People save more then they intended to save
Tag: Economics Mcq Questions and Answers
Which of the following is a valid currency:
(A) Promissory note
(B) Currency note
(C) Exchangr rate
(D) Bank cheque
GATT is the abrevation of which of the following:
(A) General Arrangement on Trade and Transport
(B) Government of Amerca’s Treaty on Trade
(C) General Arrangement on Trade and Tarrif
(D) Global Arrangement on Trade and Tarrif
Development means economic growth plus:
(A) Inflation
(B) Deflation
(C) Social change
(D) Price stability
From each accordig to this ability to each according to his need is the theoratical slogan of:
(A) Feudal system
(B) Capitalist system
(C) Fascist system
(D) Communist system
Which of the following term refers to income that is saved and not invested:
(A) Capital
(B) Deposit
(C) Hording
(D) Profit
Exchange rate of which of the following curriencies falls because of persistant balance of payments deficit:
(A) Gold currency
(B) Hard currency
(C) Silver currency
(D) Soft currency
Pakistan’s fiscal year starts from:
(A) 1st September
(B) 1st January
(C) 1st April
(D) 1st July