Economics National Income Test 6 Online Mcqs Preparation 0 National Income Test 6 Online Mcqs Preparation 1. In calculating national income which one will not be included:A. Wages of a lecturer B. Undistributed by firmsC. Old age pensionsD. Exports Loading... 2. Gross national product includes:A. A loan from a domestic bankB. A loan from, other countriesC. A loan from one's parentsD. None of the above Loading... 3. They have a functional relation ?A. All of the aboveB. Consumption and national incomeC. Consumption and savingD. Consumption and investment Loading... 4. It is transfer payment:A. College feeB. SalaryC. Bus fareD. Pension Loading... 5. A country is poor if it has:A. Less amount of foreign currencyB. Less amount of local currencyC. Less amount of gold D. Less GNP per capita Loading... 6. It is considered as transfer payment:A. Salary of an employeeB. Bonus paid to bank employeesC. Payment of house rentD. Unemployment allowance paid by govt Loading... 7. It is considered as investment in national accounting:A. Construction of a houseB. Purchase of a running hotelC. Increase in salaries of professorsD. Purchase of a new shirt Loading... 8. A country is poor if it has:A. Less production of goods per capita B. Less exportsC. Less amount of goldD. Less amount of foreign currency Loading... 9. This is NOT a method of measure national income:A. By adding all money supply in the countryB. By adding money value of all productionC. By adding all expenditureD. By adding all incomes Loading... 10. In circular flow model ?A. Households own the resourcesB. Household income is limited to wages and salariesC. There are never international transactionsD. Financial markets ensure that the federal govt.'s budget is balanced annually 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 5 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 5 Online Mcqs PreparationNext National Income Test 7 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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