Question # 1

We measure natonalincome by this method.

Choose an answer

Expenditure method

Income method

Product method

As of the above

Which of the followign is not included in personali income

Choose an answer

Social security benefits

Dividend payments

Undistributed corporate profits

Interest received from of saving certificates

The largest type of income in the Pakistan is

Choose an answer

Compensation of employees

Rental income

Proprietors income

Coporate profits

The four factor payments are.

Choose an answer

Money, Capital, salaries, and income

Wages, rent internest and profts

Money, power, Prices, and wwalth

Wags, intrest, salareis,andtaxes.

If we include it. national income will be over estimated

Choose an answer

Transfer payment

Income from abroad

Illegal income

Exports

If C= 200 and I= 40 Than Y will equal

Choose an answer

160

240

200

8000

If indirect taxes are deducted from NNP and subsidies are added. we achieve

Choose an answer

Personla savings

DPI

National Income

Percapita inocme

Real national income increases when

Choose an answer

Prics of goods are rising

National savings increases

Quantity of goods and services increases

None of the above

GNP is

Choose an answer

Total Sales in the economy

Total monetary transactions in an economy

Sum of market values of all goods and services prodcued in an economy

Totla spending in an economy

Corporae tax is levied on

Choose an answer

Landdlords

Inporters

Big companies

Municipal corporations

Undisributed proits are considered.

Choose an answer

Income enrned but not received

Income eearned and received

Income received but not earned

None of the above

More Classes

Other Links

Icom Part 2 Principles of Economics Chapter 1 English Medium Online Test MCQs With Answers

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer