| 1 |
Equilibrium of national income will be when |
- A. S > 1
- B. S<1
- C. S = 1
- D. S - 1
|
| 2 |
This will cause decreasein national income |
- A. Rise in exports
- B. Rise in saving
- C. Increase in taxes
- D. b and c of above
|
| 3 |
Which one is investment in economics |
- A. Building a factory
- B. Buying shares in stock exchange
- C. Depositing money in bank
- D. Depositing money in housing society
|
| 4 |
Which of the following is a withdrawal from the circular flow income stream |
- A. Investment
- B. Subsidies
- C. Taxation
- D. Consumption
|
| 5 |
Which of the following would increase national income |
- A. Increase in taxation
- B. Increase in savings
- C. Increase in govt. in govt. spending
- D. Decrease in consumption spending
|
| 6 |
In equilibrium of national income |
- A. S > 1
- B. S< 1
- C. S = 1
- D. All are true
|
| 7 |
When national income is estimated by expenditure method, we include |
- A. All govt. expenditure
- B. All households expenditure
- C. All expenditure of the business sector
- D. All of a, b and c
|
| 8 |
If we compare GDP and GNP, then |
- A. GNP = GDP - net income from abroad
- B. GNP = NNP + net income from abroad
- C. GNP = NNP - net income from abroad
- D. GNP = NNP + net income from abroad
|
| 9 |
Select the correct statements |
- A. Transfer payments are included in national income
- B. Depreciation allowance is a part of GNP
- C. Taxes are not included in NNP
- D. GDP means Gross Direct Production
|
| 10 |
Which of the following is a withdrawal from the circular flow of income stream |
- A. Investment
- B. subsidies
- C. taxation
- D. consuption
|
