Question # 1

Which shows equilibrium of national income

Choose an answer

Consumption = investment

Saving = investment

Saving > investment

Saving < investment

If money supply in a country decreses

Choose an answer

Price will rise

Price will fall

Rate of intrese falls

B and C of above

Which one is investment in economics

Choose an answer

Building a factory

Buyig shares in stock exchange

Depositing money in bank

Deposting money wiht housing society

Aggregate demand means.

Choose an answer

Aggregate saving

Aggregate Income

Aggregate investment

Aggregate expenditure

In equilibrium of nationalincome.

Choose an answer

S > I

S = I

S < I

All are true

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

Choose an answer

Taxation

Consumption

Subsides

Investment

Equilibrium of national income will be when

Choose an answer

S >I

S < I

S = I

S - 1

This wil cause anincrease in national income

Choose an answer

Rise in exports

Fall in consumer spending

Rise in imports

Increase in saving

Which of the following would increase national income.

Choose an answer

Increase in taxation

incerese in savings

Increase in govt spending

Decrease in consumption spending

This will cause decrease in natioal income.

Choose an answer

Rise in exports

Rise in saving

Increas in taxese

B and C above

National income equals.

Choose an answer

c+ I+g

c-i-g

c-s-g

c+s+g

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

Choose an answer

acutal GDP

Real GDP

Net GDP

Nominal GDP

Consumption is a function of.

Choose an answer

Saving

Investment

Income

Expenditure

MPC is always.

Choose an answer

Positive

Negative

Zero

More then APC

Marginal propensity to consume MPC is.

Choose an answer

Total income spent on consumption

Ratio of additionalincome consumed

Ratio of total income consumed

Consumption divided by saving

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

Choose an answer

160

240

8000

None of the above

More Classes

Other Links

ICS Part 2 Economics English Medium Chapter 2 Online Test MCQs With Answers

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer