National Income Test 4 Online Mcqs Preparation

Test Instructions

National Income Test 4 Online Mcqs Preparation

1. To avoid double counting when GDP is estimated, economist:
A.
B.
C.
D.

2. Market value of all final goods and services produced in a country during a year is definition of:
A.
B.
C.
D.

3. PI is equivalent to:
A.
B.
C.
D.

4. In terms of national income accounts, multiple counting refers to:
A.
B.
C.
D.

5. GNP is:
A.
B.
C.
D.

6. Net Investment is:
A.
B.
C.
D.

7. GNP includes:
A.
B.
C.
D.

8. Undistributed profits are considered:
A.
B.
C.
D.

9. It is deducted from GNP to find NNP:
A.
B.
C.
D.

10. A TV set purchased from a retail store is an example of:
A.
B.
C.
D.


 

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