National Income Test 5 Online Mcqs Preparation Malik Asghar — April 23, 2018 in Economics • add comment National Income Test 5 Online Mcqs Preparation 1. Net exports are:A. Total exports plus total imports B. Total exports divided by total importsC. Total exports minus total importsD. Total imports minus total exports Loading... 2. National income is a measure of:A. Total production of goods in a periodB. The size of government revenueC. Total increase in wages in a yearD. Payments made to factors of production Loading... 3. Traffic fines are:A. Part of personal consumption spending B. Included in NI but not in PIC. Included in PI but not in Disposable PID. Excluded from national income accounts Loading... 4. Which of the following would increase level of national income ?A. A reduction in government spendingB. An increase in exportsC. An increase in taxationD. A reduction in consumer spending Loading... 5. Investment spending includes the purchase of:A. All of the aboveB. StocksC. Residential constructionD. Govt. bonds Loading... 6. National Income is:A. Sum of disposable personal income and savingB. Total income earned in producing the national productC. Total income spent in the economyD. NNP minus the capital consumption allowance Loading... 7. Which of the following would not be included in GNP:A. Payment for construction of state high wayB. Govt. purchase of an airplaneC. Govt. transfer paymentsD. Salary paid for the presidents secretary Loading... 8. Which of the following would not be included in GNP:A. Govt. purchase of an airplaneB. Govt. transfer paymentsC. Salary paid for the presidents secretaryD. Payment for construction of state high way Loading... 9. Which of the following is not included in personal Income:A. Social security benefitsB. Dividend paymentsC. Undistributed corporate profitsD. Interest received from saving certificates Loading... 10. Govt. transfer payment include:A. Welfare benefitsB. Student scholarshipsC. Social security benefitsD. All of the above Loading... 11. Consumption spending does not include:A. Household's purchase of carB. Household's payment of rent for an apartmentC. Household's purchase of stock in any XYZ corporationD. Household's purchase of food Loading... Loading... Related NTS Results Post:National Income Test 7 Online Mcqs PreparationNational Income Test 2 Online Mcqs PreparationNational Income Test 1 Online Mcqs PreparationNational Income Test 3 Online Mcqs PreparationNational Income Test 4 Online Mcqs PreparationNational Income Test 6 Online Mcqs PreparationPakistan National income Test 02 Mcqs Preparation OnlinePakistan National income Test 01 Mcqs Preparation Online
