National Income Test 2 Online Mcqs Preparation Leave a Comment / Economics / By Malik Asghar National Income Test 2 Online Mcqs Preparation 1. Corporate tax is levied on:A. Big companiesB. ImportersC. Municipal corporationsD. Landlords Loading... 2. We measure national income by this method:A. Product methodB. Expenditure methodC. All of the aboveD. Income method Loading... 3. If we deduct direct tax from personal income, we get:A. Personal savingB. Net national income C. Per capita incomeD. Disposable income Loading... 4. If C=200 and I = 40 then Y will equal to:A. 200B. 240C. 160 D. None of the above 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. Transfer payments means:A. Tax paymentsB. Bank loansC. Payment made to all factors of productionD. The payment without work Loading... 7. If government increases taxes, private savings:A. Do not changeB. IncreaseC. DecreaseD. Will become zero Loading... 8. 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... 9. The largest part of national income is:A. ConsumptionB. InvestmentC. Transfer paymentsD. SavingĀ Loading... 10. Which statement is true ?A. None of theseB. NNP = GNP - DepreciationC. NNP = NID. NNP = DPI Loading... Loading... Related NTS Results Post:Biology Mcqs Test 08 Online PreparationBiology Mcqs Test 12 Online PreparationBiology Mcqs Test 13 Online PreparationBiology Mcqs Test 10 Online PreparationBiology Mcqs Test 11 Online PreparationBiology Mcqs Test 09 Online PreparationBiology Mcqs Test 07 Online PreparationBiology Mcqs Test 06 Online Preparation