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2nd Chapter

## 12th class I.Com Part 2 Principles of Economics chapter 2 Online MCQs test with answers for Principles of Economics

#### I.Com Part 2 Principles of Economics Chapter 2 Test

Start Chapter 2 Test

### 12th class I.Com Part 2 Principles of Economics chapter 2 Online MCQs test with answers for Principles of Economics

1 Which shows equilibrium of national income.
• A. consumption investment
• B. saving=investment
• C. saving &lt; investment
• D. saving&gt; investment
2 National income equals
• A. c+s+g
• B. c+i+g
• C. c+i-g
• D. c-i+g
3 MCP is
• A. c/y
• B. 𝜟C/𝜟Y
• C. Y/C
• D. 𝜟Y/𝜟C
4 In equilibrium of national income
• A. S &gt; 1
• B. S&lt; 1
• C. S = 1
• D. All are true
5 If C = 200 and I = 40 then Y will equal
• A. 160
• B. 240
• C. 8000
• D. None of the above
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
7 There are methods of measuring national income
• A. 5
• B. 2
• C. 1
• D. 3
8 Which is the flow concept
• A. Number of my shirts
• B. My monthly income
• C. My total wealth
• D. Money supply
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
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

### Chapterwise Lists

Chapter Name Questions PDF File
Economics Ics Part 2 English Medium Chapter 1 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 1 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 2 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 2 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 3 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 3 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 4 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 4 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 5 Online Test 17 Questions
Economics Ics Part 2 English Medium Chapter 5 Online Test 17 Questions
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Economics Ics Part 2 English Medium Chapter 7 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 7 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 8 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 8 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 9 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 9 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 10 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 10 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 11 Online Test 17 Questions
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Icom Part 2 Principles of Economics Chapter 12 English Medium Online Test 10 Questions
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Icom Part 2 Principles of Economics Chapter 13 English Medium Online Test 10 Questions

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