National Income Test 2 Online Mcqs Preparation Malik Asghar — April 23, 2018 in Economics • add comment National Income Test 2 Online Mcqs Preparation 1. Corporate tax is levied on:A. ImportersB. Municipal corporationsC. Landlords D. Big companies Loading... 2. 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... 3. If we deduct direct tax from personal income, we get:A. Per capita incomeB. Disposable incomeC. Net national income D. Personal saving Loading... 4. We measure national income by this method:A. Income methodB. All of the aboveC. Expenditure methodD. Product method Loading... 5. It is counted in GDP:A. The leisure people consumeB. Purchase of 100 shares of PSOC. Sale price of an old car D. A TV set produced this year but not sold Loading... 6. If government increases taxes, private savings:A. Do not changeB. DecreaseC. IncreaseD. Will become zero Loading... 7. If C=200 and I = 40 then Y will equal to:A. 240B. 160 C. None of the aboveD. 200 Loading... 8. Which statement is true ?A. NNP = GNP - DepreciationB. None of theseC. NNP = NID. NNP = DPI Loading... 9. The largest part of national income is:A. Saving B. Transfer paymentsC. InvestmentD. Consumption Loading... 10. Transfer payments means:A. Bank loansB. The payment without workC. Payment made to all factors of productionD. Tax payments Loading... Loading... Related NTS Results Post:National Income Test 7 Online Mcqs PreparationNational Income Test 3 Online Mcqs PreparationNational Income Test 6 Online Mcqs PreparationNational Income Test 4 Online Mcqs PreparationNational Income Test 5 Online Mcqs PreparationNational Income Test 1 Online Mcqs PreparationNational Income Accounting Test 5 Mcqs Preparation OnlineNational Income Accounting Test 3 Mcqs Preparation Online
