First Year Principles of Economics Chapter 9 Online MCQ Test for 1st Year Principles of Economics Chapter 9 (National Income)

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This online test contains MCQs about following topics:

. Various concepts of national income . Measurement of national income . Product method . Income method . Expenditue method . CIrcular flow of national income . Factors of national income . Importance of study of national income

ICOM Part 1 Economics Ch 9 Test
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Online MCQ`s Test For Chapter 9 "Principles of Economics Icom Part 1 English Medium Chapter 9 Online Test"

Try The MCQ`s Test For Chapter 9 "Principles of Economics Icom Part 1 English Medium Chapter 9 Online Test"

  • Total Questions15

  • Time Allowed20

Principles of Economics Icom Part 1 English Medium Chapter 9 Online Test

00:00
Question # 1

Expenses of wears and tears of machinery are called

Question # 2

------------------- are added in national income

Question # 3

Net national product is found by

Question # 4

According to professor Ackley Gardener, amounts are included in national income

Question # 5

Disposable personal income means

Question # 6

National income is total of

Question # 7

Under monopoly, the slope of MR curve is:

Question # 8

A firm is in equilibrium, where:

Question # 9

Individuals of a country produce a certain quantity of goods and services using the resources of the country with the help of their capital, it is called national income this definition is presented by

Question # 10

One of the following is not included in net national product

Question # 11

Because of increase in national income

Question # 12

National income increases by

Question # 13

A firm gains normat profit, where:

Question # 14

National income means the income

Question # 15

Transfer payment means that income

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