1 |
Which shows equilibrium of national income. |
- A. consumption investment
- B. saving=investment
- C. saving < investment
- D. saving> investment
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2 |
National income equals |
- A. c+s+g
- B. c+i+g
- C. c+i-g
- D. c-i+g
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3 |
MCP is |
- A. c/y
- B. 𝜟C/𝜟Y
- C. Y/C
- D. 𝜟Y/𝜟C
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4 |
In equilibrium of national income |
- A. S > 1
- B. S< 1
- C. S = 1
- D. All are true
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5 |
If C = 200 and I = 40 then Y will equal |
- A. 160
- B. 240
- C. 8000
- D. None of the above
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6 |
marginal propensity to consume is |
- A. Total income spent on consumption
- B. Ratio of total income consumed
- C. Ratio of additional income consumed
- D. Consumption divided by saving
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7 |
There are methods of measuring national income |
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8 |
Which is the flow concept |
- A. Number of my shirts
- B. My monthly income
- C. My total wealth
- D. Money supply
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9 |
This may cause an increase in national income |
- A. Rise in exports
- B. Rise in imports
- C. Fall in consumer spending
- D. Increase in saving
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10 |
If MPC = 0.75 and national income Rs.400 national consumption will be equal to |
- A. 400 x 0.75
- B. 400 - 0.75
- C. 400 + 0.75
- D. 400/0.75
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