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Annual Budget
Guide-up of foreign exchange reserves leads to:
Decrease in money supply
Increase in money supply
Contraction in money supply
None of these
Author:
rikazzz
Comment
Annual Budget
Gross National Product equals:
Net National Product adjusted for inflation
Gross Domestic Product adjusted for inflation
Gross Domestic Product plus net property income from abroad
Net National Product plus net property income from abroad
Author:
rikazzz
Comment
Annual Budget
Supply side policies are most appropriate to cure:
Involuntary unemployment
Cyclical unemployment
Voluntary unemployment
A fall in aggregate demand
Author:
rikazzz
Comment
Annual Budget
Mark sells goods at a gross profit margin of 30%. Which of the following statement is true?
Goods sold for Rs. 800 will have cost Mark Rs. 240
Goods sold for Rs. 800 will have cost Mark Rs. 560
Goods sold for Rs. 800 will have cost Mark Rs. 320
Goods sold for Rs. 800 will have cost Mark Rs. 392
Author:
rikazzz
Comment
Annual Budget
A significant increase in the government budget deficit is likely to:
Reduce injections into the economy
Reduce national income
Move the economy away from full employment
Boost aggregate demand
Author:
rikazzz
Comment
Annual Budget
If any question arises whether a bill is a Money Bill or not, whose decision is final?
President
Standing committee
Governor
Speaker of the national assembly
Author:
rikazzz
Comment
Annual Budget
Demand pull inflation may be caused by:
An increase in costs
A reduction in interest rate
A reduction in government spending
An outward shift in aggregate supply
Author:
rikazzz
Comment
Annual Budget
Capital investment Rs. 50,000; Average working capital Rs. 5,000; Expected gross income over (5 years) the effective life of the asset Rs. 77,000. The Rate of Return would be:
0.18
0.08
0.1
None of these
Author:
rikazzz
Comment
Annual Budget
An increase in aggregation demand is more likely to lead to demand pull inflation if:
Aggregate supply is perfectly elastic
Aggregate supply is perfectly inelastic
Aggregate supply is unit elastic
Aggregate supply is relatively elastic
Author:
rikazzz
Comment
Annual Budget
Over time the price of primary products tends to fall because:
Demand is income elastic
Supply in income elastic
Of outward shifts in supply
Demand is price elastic
Author:
rikazzz
Comment
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