Economics National Income Test 5 Online Mcqs Preparation 0 National Income Test 5 Online Mcqs Preparation 1. Which of the following is not included in personal Income:A. Interest received from saving certificatesB. Social security benefitsC. Dividend paymentsD. Undistributed corporate profits Loading... 2. Investment spending includes the purchase of:A. Govt. bondsB. StocksC. Residential constructionD. All of the above Loading... 3. Govt. transfer payment include:A. Social security benefitsB. Student scholarshipsC. Welfare benefitsD. All of the above Loading... 4. National Income is:A. NNP minus the capital consumption allowanceB. Total income earned in producing the national productC. Sum of disposable personal income and savingD. Total income spent in the economy Loading... 5. Traffic fines are:A. Excluded from national income accountsB. Included in NI but not in PIC. Included in PI but not in Disposable PID. Part of personal consumption spending Loading... 6. Which of the following would not be included in GNP:A. Govt. purchase of an airplaneB. Salary paid for the presidents secretaryC. Payment for construction of state high wayD. Govt. transfer payments Loading... 7. National income is a measure of:A. The size of government revenueB. Payments made to factors of productionC. Total production of goods in a periodD. Total increase in wages in a year Loading... 8. Net exports are:A. Total imports minus total exportsB. Total exports minus total importsC. Total exports divided by total importsD. Total exports plus total imports Loading... 9. Consumption spending does not include:A. Household's payment of rent for an apartmentB. Household's purchase of food C. Household's purchase of stock in any XYZ corporationD. Household's purchase of car Loading... 10. Which of the following would increase level of national income ?A. A reduction in consumer spendingB. A reduction in government spendingC. An increase in exportsD. An increase in taxation Loading... 11. Which of the following would not be included in GNP:A. Salary paid for the presidents secretaryB. Payment for construction of state high wayC. Govt. purchase of an airplaneD. Govt. transfer payments Loading... Loading... Related PostsNational 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 6 Online Mcqs PreparationNational Income Test 7 Online Mcqs PreparationNational Income Accounting Test 1 Mcqs Preparation OnlineNational Income Accounting Test 2 Mcqs Preparation OnlineNational Income Accounting Test 3 Mcqs Preparation OnlineNational Income Accounting Test 4 Mcqs Preparation Online Continue Reading Previous National Income Test 4 Online Mcqs PreparationNext National Income Test 6 Online Mcqs 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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