Economics National Income Test 2 Online Mcqs Preparation National Income Test 2 Online Mcqs Preparation 1. If government increases taxes, private savings:A. Will become zeroB. Do not changeC. DecreaseD. Increase Loading... 2. We measure national income by this method:A. Expenditure methodB. All of the aboveC. Income methodD. Product method Loading... 3. Transfer payments means:A. The payment without workB. Bank loansC. Payment made to all factors of productionD. Tax payments Loading... 4. It is transfer payment:A. Payment of college tuition B. Payment for a leased carC. Interest paid for a bank loanD. A social security payment Loading... 5. The largest part of national income is:A. InvestmentB. SavingĀ C. ConsumptionD. Transfer payments Loading... 6. It is counted in GDP:A. Sale price of an old car B. A TV set produced this year but not soldC. The leisure people consumeD. Purchase of 100 shares of PSO Loading... 7. If C=200 and I = 40 then Y will equal to:A. 240B. 160 C. 200D. None of the above Loading... 8. Which statement is true ?A. NNP = NIB. NNP = GNP - DepreciationC. None of theseD. NNP = DPI Loading... 9. Corporate tax is levied on:A. Municipal corporationsB. ImportersC. Landlords D. Big companies Loading... 10. If we deduct direct tax from personal income, we get:A. Net national income B. Personal savingC. Per capita incomeD. Disposable income Loading... Loading... Related PostsNational Income Test 4 Online Mcqs PreparationNational Income Test 7 Online Mcqs PreparationNational Income Test 1 Online Mcqs PreparationNational Income Test 5 Online Mcqs PreparationNational Income Test 6 Online Mcqs PreparationNational Income Test 3 Online Mcqs Preparation Continue Reading Previous National Income Test 1 Online Mcqs PreparationNext National Income Test 3 Online Mcqs Preparation Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ