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

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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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

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Question # 1

Basic object of a firm is to get maximum:

Question # 2

Which thing of the following should be subtracted from gross national product to get net national product

Question # 3

Gross national product means

Question # 4

National income increases by

Question # 5

If we subtract direct taxes from personal income, we get

Question # 6

Which is subtracted from gross national product to find gross domestic product

Question # 7

To measure national income is used

Question # 8

Method of measuring national income

Question # 9

Monopoly refers to:

Question # 10

Disposable personal income means

Question # 11

Net foreign income is

Question # 12

Transfer payments are included in

Question # 13

Individual income means

Question # 14

Under Monopoly, a firm is in equilibrium position when Ed is:

Question # 15

After subtracting depreciation allowance from gross national product is known

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