(A) Monetary, but not fiscal policy will have an effect on output and employment.
(B) Both monetary and fiscal policy will have an effect on output and employment.
(C) Fiscal, but not monetary policy will have an effect on output and employment.
(D) Neither monetary nor fiscal policy will have an effect on output and
employment.
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Banking retailing, transportation etc fall under:
(A) Primary industry
(B) Sceondry industry
(C) Teritary industry
(D) Semi-retailing
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Inflation where price rise makes workers demand higher wages which then again increases the prices is known as:
(A) Stagflation
(B) Deflation
(C) Spirilling or cost push inflation
(D) Continuos inflation
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By the mid nineteeh century which country accounted for about 40% of the world exports of manufactured goods:
(A) Pakistan
(B) China
(C) UK
(D) USA
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Who pointed out in 19th century that “a rise in price of bresd mekes so large a drain on labouring families that they consume more and not less of it:
(A) Sir Robbert Giffen
(B) Alfard Marshal
(C) Adam Smith
(D) Karl Max
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Who argued that profit is payment of rental ability:
(A) Adam Smith
(B) Alfard Marshal
(C) Karl Max
(D) David Recardo
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Taking advantage of price discrepencies among markets by buying cheap cheap in one place and selling dear somewhere else is known as:
(A) Arbitrage
(B) Derivative
(C) Swap
(D) Option
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Public limited companies try to list their shares with stock exchange with the objective:
(A) Of maintaining the management control
(B) To provide protection to the investors
(C) To keep liquidity to the investors
(D) All of the above objectives
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In the local center the exchange rate between two foreign currencies is known as:
(A) Par value rate
(B) Futures rate
(C) Swap rate
(D) Cross rate