2nd Chapter

ICS Part 2 Economics English Medium Chapter 2 Test

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

Start Chapter 2 Test

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

Sr. # Questions Answers Choice
1 Marginal propensity to consume MPC is.
  • A. Total income spent on consumption
  • B. Ratio of additionalincome consumed
  • C. Ratio of total income consumed
  • D. Consumption divided by saving
2 In equilibrium of nationalincome.
  • A. S > I
  • B. S = I
  • C. S < I
  • D. All are true
3 This will cause decrease in natioal income.
  • A. Rise in exports
  • B. Rise in saving
  • C. Increas in taxese
  • D. B and C above
4 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
5 This wil cause anincrease in national income
  • A. Rise in exports
  • B. Fall in consumer spending
  • C. Rise in imports
  • D. Increase in saving
6 National income equals.
  • A. c+ I+g
  • B. c-i-g
  • C. c-s-g
  • D. c+s+g
7 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
8 Which shows equilibrium of national income
  • A. Consumption = investment
  • B. Saving = investment
  • C. Saving > investment
  • D. Saving < investment
9 Consumption is a function of.
  • A. Saving
  • B. Investment
  • C. Income
  • D. Expenditure
10 If C = 200 and I = 40 then Y will equal
  • A. 160
  • B. 240
  • C. 8000
  • D. None of the above

Top Scorers of ICS Part 2 Economics English Medium Chapter 2 Online Test

T

Tomboy Tomboy

Lahore09 - Apr - 2025

16/17
01 Mins 48 Sec
M

Muhammad Hassan

Lahore29 - Apr - 2025

15/17
01 Mins 10 Sec
M

Muhammad Hassan

Lahore29 - Apr - 2025

14/17
01 Mins 58 Sec
M

Muhammad Hassan

Lahore26 - Apr - 2025

13/17
02 Mins 41 Sec

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