Economics Equilibrium of National income Test 01 Preparation Online Equilibrium of National income Test 01 Preparation Online 1. Which of the following world increase national income:A. Increase in taxationB. Increase in savingsC. Increase in Govt. spending D. Decrease in consumption spending Loading... 2. Consumption is a function of:A. InvestmentB. SavingC. IncomeD. None of these Loading... 3. Which one is investment in economics ?A. Depositing money in bank B. Building a factory C. Depositing money in housing societyD. Buying shares in stock exchange Loading... 4. National income equals:A. c + t - gB. c + s + tC. c - t + gD. c + 1 + t Loading... 5. To find net national product, depreciation is:A. Added to GNPB. Subtracted from GNPC. Multiplied with national incomeD. Has no role in national accounting Loading... 6. MPC cannot be:A. PositiveB. More than APCC. ZeroD. Negative Loading... 7. National income equals:A. c + 1 + gB. c + s + g C. c - s - gD. c - 1 - g Loading... 8. Aggregate demand is:A. Aggregate saving B. Aggregate expenditureC. Aggregate incomeD. Aggregate investment Loading... 9. Marginal propensity to consume (MPC) is:A. Total income spent on consumptionB. Consumption divided by savingC. Ratio of additional income consumedD. Ratio of total income consumed Loading... 10. GDP at constant prices, calculated according to some base year is called:A. Nominal GDPB. Actual GDPC. Real GDPD. Net GDP Loading... 11. MPC is:A. C/Y B. Y/CC. ?C/?YD. ?Y/?C Loading... 12. If C = 200 and I = 40 then Y will equal:A. 240B. None of theseC. 800D. 160 Loading... 13. Which of the following is a withdrawal from the circular flow of income stream:A. Taxation B. InvestmentC. Subsidies D. Consumption Loading... 14. Which shows equilibrium of national income :A. Consumption = investmentB. Saving < investmentĀ C. Saving > InvestmentD. Saving = Investment Loading... 15. This may cause an increase in national income:A. Fall in consumer spending B. Rise in exportsC. Rise in importsD. Increase in saving Loading... Loading... Related PostsMarket Equilibrium Test 1 Mcqs Online PreparationEquilibrium of firm Perfect Competition and Monopoly Test 01…National Income Test 5 Online Mcqs PreparationNational Income Test 6 Online Mcqs PreparationNational Income Test 4 Online Mcqs PreparationNational Income Test 3 Online Mcqs Preparation Continue Reading Previous Equilibrium of firm Perfect Competition and Monopoly Test 01 Preparation OnlineNext Economy of Pakistan Test 01 Online Preparation Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ