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National Income Test 7 Online Mcqs Preparation

— April 23, 2018 in Economics • add comment

Test Instructions

National Income Test 7 Online Mcqs Preparation

1. In economics, one or more persons living in a joint family are called a:
A.
B.
C.
D.

2. The four factor payments are:
A.
B.
C.
D.

3. Which of the following is transfer payment:
A.
B.
C.
D.

4. Which of the following is not macroeconomics:
A.
B.
C.
D.

5. The largest type of income in the Pakistan is:
A.
B.
C.
D.

6. An open economy:
A.
B.
C.
D.

7. Which of the following is counted in GDP:
A.
B.
C.
D.

8. GNP is always:
A.
B.
C.
D.

9. Macroeconomics is concerned with:
A.
B.
C.
D.

10. A closed economy is best described as one in which:
A.
B.
C.
D.


 

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