Economics Equilibrium of National income Test 01 Preparation Online 0 Equilibrium of National income Test 01 Preparation Online 1. GDP at constant prices, calculated according to some base year is called:A. Actual GDPB. Nominal GDPC. Real GDPD. Net GDP Loading... 2. Consumption is a function of:A. SavingB. IncomeC. None of theseD. Investment Loading... 3. National income equals:A. c + s + tB. c + t - gC. c + 1 + tD. c - t + g Loading... 4. National income equals:A. c - s - gB. c - 1 - g C. c + 1 + gD. c + s + g Loading... 5. Which of the following world increase national income:A. Decrease in consumption spendingB. Increase in savingsC. Increase in Govt. spending D. Increase in taxation Loading... 6. MPC is:A. C/Y B. ?C/?YC. Y/CD. ?Y/?C Loading... 7. To find net national product, depreciation is:A. Subtracted from GNPB. Has no role in national accountingC. Added to GNPD. Multiplied with national income Loading... 8. Which one is investment in economics ?A. Depositing money in housing societyB. Building a factory C. Buying shares in stock exchangeD. Depositing money in bank Loading... 9. Which shows equilibrium of national income :A. Consumption = investmentB. Saving > InvestmentC. Saving = InvestmentD. Saving < investment Loading... 10. Marginal propensity to consume (MPC) is:A. Consumption divided by savingB. Total income spent on consumptionC. Ratio of additional income consumedD. Ratio of total income consumed Loading... 11. MPC cannot be:A. NegativeB. ZeroC. More than APCD. Positive Loading... 12. Which of the following is a withdrawal from the circular flow of income stream:A. Taxation B. InvestmentC. Subsidies D. Consumption Loading... 13. Aggregate demand is:A. Aggregate investmentB. Aggregate incomeC. Aggregate saving D. Aggregate expenditure Loading... 14. This may cause an increase in national income:A. Increase in savingB. Rise in importsC. Rise in exportsD. Fall in consumer spending Loading... 15. If C = 200 and I = 40 then Y will equal:A. 800B. 160C. 240D. None of these Loading... Loading... Related PostsMarket Equilibrium Test 1 Mcqs Online PreparationEquilibrium of firm Perfect Competition and Monopoly Test 01…National Income Test 1 Online Mcqs PreparationNational Income Test 2 Online Mcqs PreparationNational Income Test 3 Online Mcqs PreparationNational Income Test 4 Online Mcqs PreparationNational Income Test 5 Online Mcqs PreparationNational Income Test 6 Online Mcqs PreparationNational Income Test 7 Online Mcqs PreparationNational Income Accounting Test 1 Mcqs Preparation Online Continue Reading Previous Equilibrium of firm Perfect Competition and Monopoly Test 01 Preparation OnlineNext Economy of Pakistan Test 01 Online Preparation More Stories Economics Economics Quiz 04 Preparation Online 0 Economics Economics Quiz 03 Preparation Online 0 Economics Economics Quiz 02 Preparation Online 0 Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ
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