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NAT II Management Science Economy MCQs With Answers
Question # 1
Personal income includes:
Choose an answer
Direct taxes
Indirect taxes
Undivided profit
Both 2nd and 3rd
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Question # 2
Reward the labour is:
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Interest
Wages
Profit
Rent
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Question # 3
The supply of perishable goods is:
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Fixed
Variable
Minor change
Zero
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Question # 4
For a study of the long term growth of the economy, we use:
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Real GNP
Nominal GNP
Personal income
Disposable personal income
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Question # 5
National income does not include:
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Profit
Wages
Interest
Transfer payments
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Question # 6
In inflation prices:
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Increase
Do not change
Decrease
Become zero
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