2nd Year Economics Chapter 2 Online MCQ Test for 12th Class Economics Chapter 2 (Equilibrium of National Income)

ICS Part 2 Economics English Medium Chapter 2 Test

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MCQ's Test For Chapter 0 "ICS Part 2 Economics English Medium Chapter 2 Online Test"

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ICS Part 2 Economics English Medium Chapter 2 Online Test

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Question # 1

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

Question # 2

National income equals.

Question # 3

This wil cause anincrease in national income

Question # 4

Which of the following is a withdrawal from the circular flow of income stream.

Question # 5

Equilibrium of national income will be when

Question # 6

Which one is investment in economics

Question # 7

GDP atconstnat prices, calculated according to some base year is called.

Question # 8

Aggregate demand means.

Question # 9

In equilibrium of nationalincome.

Question # 10

Consumption is a function of.

Question # 11

This will cause decrease in natioal income.

Question # 12

If money supply in a country decreses

Question # 13

MPC is always.

Question # 14

Marginal propensity to consume MPC is.

Question # 15

Which of the following would increase national income.

Question # 16

Which shows equilibrium of national income

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ICS Part 2 Economics English Medium Chapter 2 Test

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ICS Part II Economics Chapter 0 Important MCQ's

Sr.# Question Answer
1 Aggregate demand means.
A. Aggregate saving
B. Aggregate Income
C. Aggregate investment
D. Aggregate expenditure
2 Which of the following would increase national income.
A. Increase in taxation
B. incerese in savings
C. Increase in govt spending
D. Decrease in consumption spending
3 If money supply in a country decreses
A. Price will rise
B. Price will fall
C. Rate of intrese falls
D. B and C of above
4 GDP atconstnat prices, calculated according to some base year is called.
A. acutal GDP
B. Real GDP
C. Net GDP
D. Nominal GDP
5 If C = 200 and I = 40 then Y will equal
A. 160
B. 240
C. 8000
D. None of the above
6 Which one is investment in economics
A. Building a factory
B. Buyig shares in stock exchange
C. Depositing money in bank
D. Deposting money wiht housing society
7 Equilibrium of national income will be when
A. S >I
B. S < I
C. S = I
D. S - 1
8 In equilibrium of nationalincome.
A. S > I
B. S = I
C. S < I
D. All are true
9 Which shows equilibrium of national income
A. Consumption = investment
B. Saving = investment
C. Saving > investment
D. Saving < investment
10 MPC is always.
A. Positive
B. Negative
C. Zero
D. More then APC

Test Questions

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