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NAT II Management Science Economy MCQs With Answers
Question # 1
In inflation prices:
Choose an answer
Increase
Do not change
Decrease
Become zero
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Question # 2
What is deducted from GNP to find GDP:
Choose an answer
Depreciation allowance
Net income received from abroad
Indirect as
Transfer payments
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Question # 3
Which group of the following showed a negative growth of -58.6 percent during 2005-06?
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Chemicals
Petroleum
Electricals
Basic Metals
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Question # 4
In inflation prices:
Choose an answer
Increase
Do not change
Decrease
Become zero
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Question # 5
Double counting in national income refers to:
Choose an answer
Counting a product more than once
Counting a product at the final stage of output process
Counting both as product and as factor payment
Counting both as real goods and as money flow
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Question # 6
The methods of measuring elasticity of supply are:
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Three
Two
Four
Five
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