What is deflation__________?
Two countries can gain from foreign trade if ?
Which of the following is a valid currency__________?
From each according to his ability to each according to his need is the theoretical slogan of ?
Exchange rate of which of the following currencies falls because of persistent balance of payments deficit ?
Oil is measured in barrels. What is the abbreviation for barrels__________?
Commercial policy means__________?
Which city in Germany has the distinction of housing the first car manufacturing plant in the world ?
Balance of payments of a country includes ?
Which of the following is not a function of a commercial bank?
The bank established for loans to very small enterprises in Pakistan is called__________?
Treasury bill is used for__________?
When the State Bank wants to decrease money supply in the country, it __________?
When a commercial bank creates credit its immediate effect is that it raises__________?
The Liquidity Trap condition occurs at a__________?
The power of a bank to create credit is affected by ?
Pakistan’s fiscal years starts from?
A tariff__________?
Velocity of circulation of money means ?
Government of Pakistan issues currency on the basis of__________?
Economic development is measured on the basis of ?
When the stock market is rising it is ?
What would cause a country’s exchange rate to fall ?
The cause of inflation is ?
According to the law of demand. When ?
Gross National income is always more than Net National income because it includes ?
Which is most likely to cause a more even distribution of income ?
Economic development ?
Which of the following is a withdraw from the circular flow income stream ?
Consumption spending does not include ?
Net investment is__________?
GNP is__________?
We measure national income by this method ?
What is the meaning of the term stagflation ?
What does price elasticity of demand measure ?
What would reduce the role of central planning in a economy ?
Transfer payments means ?
The standard of living in a country is represented by its ?
A tax which is paid by the person on whom the tax is incident is called a ?
Who is a “Lame Duck” in a stock market ?
Which company holds the world record for having the maximum number of shareholders ?
Devaluation of currency helps to promote ?
If saving exceeds investment the national income will ?
Which function is performed by both commercial banks and central banks ?
What is Black Money ?
The most industrialized country in Asia is ?
What can a central bank increase in order to reduce consumer borrowing ?
Which of the following is an example of government policy that could reduce inflation ?
Which of the following groups suffer the most from inflation ?
With whom would you associate the following quote” The business of business is business” ?
Devaluation means ?

A budgetary deficit means ?

A. Total expenditure is more than total revenue
B. Current expenditure is more than current revenue
C. Capital expenditure is more than capital revenue
D. Total expenditure is more than current revenue

Correct Answer: Total expenditure is more than total revenue ✔

Last Updated: June 18, 2019