Equilibrium of National income Test 01 Preparation Online Shani Malik — May 21, 2018 in Economics • add comment Equilibrium of National income Test 01 Preparation Online 1. Which of the following is a withdrawal from the circular flow of income stream:A. Taxation B. Subsidies C. InvestmentD. Consumption Loading... 2. Which shows equilibrium of national income :A. Saving = InvestmentB. Consumption = investmentC. Saving < investmentĀ D. Saving > Investment Loading... 3. National income equals:A. c + 1 + gB. c - 1 - g C. c - s - gD. c + s + g Loading... 4. National income equals:A. c + t - gB. c - t + gC. c + 1 + tD. c + s + t Loading... 5. GDP at constant prices, calculated according to some base year is called:A. Actual GDPB. Real GDPC. Net GDPD. Nominal GDP Loading... 6. MPC is:A. ?Y/?CB. C/Y C. Y/CD. ?C/?Y Loading... 7. Consumption is a function of:A. IncomeB. InvestmentC. SavingD. None of these Loading... 8. Marginal propensity to consume (MPC) is:A. Total income spent on consumptionB. Consumption divided by savingC. Ratio of total income consumedD. Ratio of additional income consumed Loading... 9. If C = 200 and I = 40 then Y will equal:A. None of theseB. 160C. 800D. 240 Loading... 10. To find net national product, depreciation is:A. Multiplied with national incomeB. Has no role in national accountingC. Subtracted from GNPD. Added to GNP Loading... 11. Aggregate demand is:A. Aggregate saving B. Aggregate expenditureC. Aggregate incomeD. Aggregate investment Loading... 12. Which of the following world increase national income:A. Increase in Govt. spending B. Decrease in consumption spendingC. Increase in taxationD. Increase in savings Loading... 13. Which one is investment in economics ?A. Depositing money in bank B. Buying shares in stock exchangeC. Depositing money in housing societyD. Building a factory Loading... 14. MPC cannot be:A. ZeroB. More than APCC. NegativeD. Positive Loading... 15. This may cause an increase in national income:A. Fall in consumer spending B. Increase in savingC. Rise in exportsD. Rise in imports Loading... Loading... Related NTS Results Post:National Income Test 4 Online Mcqs PreparationNational Income Test 1 Online Mcqs PreparationNational Income Test 5 Online Mcqs PreparationNational Income Test 6 Online Mcqs PreparationNational Income Test 7 Online Mcqs PreparationNational Income Test 2 Online Mcqs PreparationNational Income Test 3 Online Mcqs PreparationNational Income Accounting Test 1 Mcqs Preparation Online