National Income Test 5 Online Mcqs Preparation Leave a Comment / Economics / By Malik Asghar National Income Test 5 Online Mcqs Preparation 1. National income is a measure of:A. The size of government revenueB. Total production of goods in a periodC. Total increase in wages in a yearD. Payments made to factors of production Loading... 2. Which of the following would not be included in GNP:A. Govt. purchase of an airplaneB. Payment for construction of state high wayC. Govt. transfer paymentsD. Salary paid for the presidents secretary Loading... 3. Investment spending includes the purchase of:A. StocksB. All of the aboveC. Residential constructionD. Govt. bonds Loading... 4. Which of the following would not be included in GNP:A. Payment for construction of state high wayB. Salary paid for the presidents secretaryC. Govt. transfer paymentsD. Govt. purchase of an airplane Loading... 5. Traffic fines are:A. Included in NI but not in PIB. Part of personal consumption spending C. Excluded from national income accountsD. Included in PI but not in Disposable PI Loading... 6. Which of the following is not included in personal Income:A. Social security benefitsB. Interest received from saving certificatesC. Undistributed corporate profitsD. Dividend payments Loading... 7. 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... 8. Govt. transfer payment include:A. Welfare benefitsB. Student scholarshipsC. All of the aboveD. Social security benefits Loading... 9. National Income is:A. Sum of disposable personal income and savingB. Total income earned in producing the national productC. NNP minus the capital consumption allowanceD. Total income spent in the economy Loading... 10. Net exports are:A. Total exports minus total importsB. Total imports minus total exportsC. Total exports divided by total importsD. Total exports plus total imports Loading... 11. Consumption spending does not include:A. Household's payment of rent for an apartmentB. Household's purchase of carC. Household's purchase of food D. Household's purchase of stock in any XYZ corporation Loading... Loading... Related NTS Results Post:Biology Mcqs Test 12 Online PreparationBiology Mcqs Test 06 Online PreparationChemistry MCQs Test 06 Online PreparationChemistry MCQs Test 05 Online PreparationBiology Mcqs Test 07 Online PreparationIslamiat Mcqs Test 03 Online PreparationBiology Mcqs Test 14 Online PreparationBiology Mcqs Test 10 Online Preparation
