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 ?
A budgetary deficit means ?
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” ?

National income refers to ?

A. Money value of goods and and services produced in a country during a year.
B. Money value of stocks and shares of a country during a year.
C. Money value of capital goods produced by a country during a year.
D. None of these

Correct Answer: Money value of goods and and services produced in a country during a year. ✔

Last Updated: June 18, 2019