| 1 |
Which is a flow concept |
- A. number of my shirts
- B. my monthly income
- C. my total wealth
- D. money supply
|
| 2 |
Which of the following is transfer payment |
- A. Payment of college tuition
- B. A social security payment
- C. An interest payment
- D. Payment for a leased car
|
| 3 |
The four factor payments are |
- A. Money, capital, salaries and income
- B. Wages, rent, interest and profits
- C. Money, power, prestige and wealth
- D. Wages, interest, salaries and income
|
| 4 |
Speculative demand of money depends upon |
- A. Income
- B. investment
- C. Rate of investment
- D. Central bank
|
| 5 |
If is transfer payment |
- A. Payment of college tution
- B. a social security payment
- C. Interest paid for a bank loan
- D. Payment for a leased car
|
| 6 |
Transfer payments means |
- A. Bank loans
- B. The payment without work
- C. Payment made to all factors of production
- D. Tax payment
|
| 7 |
Market value of all final goods and services produced in a country during a year is definition of |
- A. NI
- B. NNP
- C. GNP
- D. Consumption
|
| 8 |
Undistributed profits are considered |
- A. Income earned but not received
- B. Income received but not earned
- C. Income earned and received
- D. None of these
|
| 9 |
It is considered as transfer payments |
- A. Salaries of an employee
- B. Bonus of bank employees
- C. Wages of laborers
- D. Unemployment allowance paid by govt.
|
| 10 |
Total value of all final goods and services produced annually by a country |
- A. NNP
- B. GNP
- C. GDP
- D. NI
|
