ECO | MCQs

Explanation

The aggregate demand curve slopes downward primarily due to the wealth effect, interest rate effect, and exchange rate effect.

Explanation

The biggest challenge for Pakistan's economy in 2022-23 was the rising inflation, which can significantly impact the purchasing power of citizens and overall economic stability.

Explanation

• Acceleration is not typically considered a part of the business cycle.
• The parts of the business cycle are usually identified as expansion (or boom), peak, recession (or slump), trough, and recovery.
  

Explanation

The services sector typically contributes the largest share to Pakistan's GDP.

Explanation

1. USA: $ 20.5 Trillion
2. China: $ 3.6 Trillion
3. Japan: $ 4.9 Trillion
4. Germany $ 3.9 trillion
5. India: $ 2.94 Trillion

Explanation

Explanation

The Africa fund (Action for Resisting Invasion, Colonialism and Apartheid) was instituted by NAM.

The Africa Fund was set up in 2001 to make a difference to communities we had met in East Africa.

 It came on the back of 7 years of visits we had made to churches in Uganda, and then later Kenya, Tanzania & Dr Congo, and from the outset has set out to work through relationship with trusted individuals and groups.

Explanation

Refugees were allowed to return to dispose of their property , abducted women and looted property were to be returned, forced conversions were unrecognized, and minority rights were confirm.

Explanation

Indonesia is: largest Muslim country by population

Indonesia capital is: Jakarta

Indonesia situated in: Asia

Explanation

The budget of 53.9 billion Afghanis ($508m) approved on 12 January 2022 will cover the first quarter of 2022 and is almost entirely dedicated to funding government institutions.