1161. The LM curve will be steeper if the value of K is :
A. Lower
B. Greater *
C. Zero
D. Very low
1162. In IS-LM frame work when private investment increases the rate of interest will increase along with :
A. Increases in level of income *
B. Decreases in level income
C. No change in level of income
D. None of these
1163. The world investment report ” WIR” is published by which of the following bodies ?
A. IMF
B. OECD
C. International development Agency IDA
D. United nations conference Trand and development (UNCTAD) *
1164. Tax GDP ratio in pakistan is :
A. Very high *
B. Normal
C. Very low
D. None of these
1165. The major causes of increase in debts burden and debt servicing are :
A. Increase in foreign loan and their interest charges *
B. Decreases in foreign loan and their interest charges
C. Both of them
D. None of them
1166. The foreign assistance for unproductive fields will promote :
A. Unemployment
B. Inflation *
C. Employment
D. Prosperity
1167. The fame theory takes into consideration :
A. Reaction of rival firm *
B. Reaction of people
C. No reaction of rival firm
D. None of these
1168. A variable whose value is determined within an economic theory is :
A. Exogenous
B. Independent
C. Deterministic
D. Endogenous *
1169. The economic development is measured on the basis of :
A. Increase in nominal GNP
B. Increase in real GNP *
C. Increase personal income
D. Increase in Government revenue
1170. THe power of the bank to create credit is effected by :
A. The cash reserve requirement
B. The amount of cash available
C. A bank’s number of branches
D. A and B of above *