Economics/Economics Equilibrium Of National Income Sample Test,Sample questions

Question:
  GDP at constant prices calculated according to some base year is called:

1.Actual GDP

2.Nominal GDP

3.Real GDP

4.Net GDP


Question:
 Aggregate demand is:

1.Aggregate saving

2.Aggregate investment

3. Aggregate income

4.Aggregate expenditure


Question:
Consumption is a function of:

1.Saving

2.Investment

3.Income

4.None of these


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

1.160

2.240

3.800

4.None of these


Question:
Marginal propensity to consume (MPC) is:

1.Total income spent on consumption

2.Ratio of total income consumed

3.Ratio of additional income consumed

4.Consumption divided by saving


Question:
MPC cannot be:

1.Positive

2.Negative

3.Zero

4.More than APC


Question:
MPC is:

1.C/Y

2.?C/?Y

3. Y/C

4.?Y/?C


Question:
National income equals:

1.c + s + g

2.c + 1 + g

3.c - 1 - g

4.c - s - g


Question:
National income equals:

1.c + 1 + t

2.c + s + t

3.c + t - g

4.c - t + g


Question:
This may cause an increase in national income:

1.Rise in exports

2.Rise in imports

3.Fall in consumer spending

4.Increase in saving


Question:
To find net national product depreciation is:

1.Added to GNP

2.Subtracted from GNP

3.Multiplied with national income

4.Has no role in national accounting


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

1.Investment

2.Subsidies

3.Taxation

4.Consumption


Question:
Which of the following world increase national income:

1.Increase in taxation

2.Increase in savings

3.Increase in Govt. spending

4.Decrease in consumption spending


Question:
Which one is investment in economics?

1.Building a factory

2.Buying shares in stock exchange

3.Depositing money in bank

4.Depositing money in housing society


Question:
Which shows equilibrium of national income

1.Consumption = investment

2.Saving = Investment

3.Saving < investment

4. Saving > Investment


More MCQS

  1. Class 9th Economics
  2. Class 10th Economics
  3. Economics Development
  4. Social Economics -Development
  5. Sectors of Indian Economy
  6. Indian Economy for Competitive Examinations
  7. Economics Bank System MCQS
  8. Economics National Income MCQS Set-1
  9. Economics National Income MCQS Set-2
  10. Economic Growth and Development
  11. Economics Money Banking and International Trade
  12. Economics Nature and Scope of Economics
  13. Economics Production and Production Function
  14. Economic Development and Planning
  15. Economics Balance of Payments
  16. Economics Central Bank
  17. Economics Equilibrium Of National Income
  18. Economics International Economic Organisations
  19. Economics Business and Finance
  20. Economics Economics and Commercial Geography
  21. Economics International Economic Organisations set-2
  22. Economics Money and Value of Money
  23. Economics Demand and Supply Set-1
  24. Economics Economy of Pakistan
  25. Economics Public Finance
  26. Economics Scale Of Production and Laws of Returns
  27. Economics Transport Communication and Human Resources
  28. Economics Wages Rent Interest and Profit
  29. Economics Demand and Supply Set-2
  30. Economics Great Economists and Their Work Set-1
  31. Economics Great Economists and Their Work Set-2
  32. Economics Market and Revenue Curves
  33. Economics Market Equilibrium
  34. Economics National Income Accounting Set-1
  35. Economics World Economy
  36. Economics National Income Accounting Set-2
  37. MCQ Indian Economy Set 5
  38. MCQ Indian Economy Set 1
  39. MCQ Indian Economy Set 2
  40. MCQ Indian Economy Set 3
  41. MCQ Indian Economy Set 4
  42. Indian Economy MCQs Part 1
  43. Indian Economy MCQs Part 2
Search
R4R Team
R4Rin Top Tutorials are Core Java,Hibernate ,Spring,Sturts.The content on R4R.in website is done by expert team not only with the help of books but along with the strong professional knowledge in all context like coding,designing, marketing,etc!