National Income Test 6 Online Mcqs Preparation Leave a Comment / Economics / By Malik Asghar National Income Test 6 Online Mcqs Preparation 1. Gross national product includes:A. A loan from, other countriesB. A loan from a domestic bankC. A loan from one's parentsD. None of the above Loading... 2. It is considered as investment in national accounting:A. Purchase of a running hotelB. Purchase of a new shirt C. Construction of a houseD. Increase in salaries of professors Loading... 3. It is transfer payment:A. SalaryB. Bus fareC. College feeD. Pension Loading... 4. In calculating national income which one will not be included:A. Old age pensionsB. Undistributed by firmsC. Wages of a lecturer D. Exports Loading... 5. This is NOT a method of measure national income:A. By adding all money supply in the countryB. By adding all incomesC. By adding all expenditureD. By adding money value of all production Loading... 6. A country is poor if it has:A. Less amount of gold B. Less GNP per capitaC. Less amount of foreign currencyD. Less amount of local currency Loading... 7. It is considered as transfer payment:A. Bonus paid to bank employeesB. Unemployment allowance paid by govtC. Payment of house rentD. Salary of an employee Loading... 8. They have a functional relation ?A. Consumption and national incomeB. Consumption and investmentC. Consumption and savingD. All of the above Loading... 9. A country is poor if it has:A. Less amount of goldB. Less exportsC. Less amount of foreign currencyD. Less production of goods per capita Loading... 10. In circular flow model ?A. Household income is limited to wages and salariesB. There are never international transactionsC. Financial markets ensure that the federal govt.'s budget is balanced annuallyD. Households own the resources Loading... Loading... Related NTS Results Post:Biology Mcqs Test 08 Online PreparationBiology Mcqs Test 12 Online PreparationBiology Mcqs Test 13 Online PreparationBiology Mcqs Test 10 Online PreparationBiology Mcqs Test 11 Online PreparationBiology Mcqs Test 09 Online PreparationBiology Mcqs Test 07 Online PreparationBiology Mcqs Test 06 Online Preparation
