PPSCFPSCNTSPakistan govt jobs
- Subject
- Basic of Economicseconomics-mcqs › basic-of-economics
- Published
- 26 May 2019
- Last updated
- 28 May 2026
An increase in Pakistan's GNP is likely to stimulate which of the following?
Multiple choice question for Basic of Economics. Select an option, then review the explanation below.
Explanation
When the GNP of a country rises, it generally boosts both exports and imports due to higher production and increased demand for foreign goods.
More Basic of Economics MCQs
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- 1.Which of the following best describes deflation?
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- 3.Which of the following represents a legitimate form of currency?
- 4.Which political ideology is best summarized by the phrase, "From each according to his ability, to each according to his needs"?
- 5.Which type of currency experiences a decline in its exchange rate due to a continuous balance of payments deficit?