| 1 |
If money supply in a country decreses |
- A. Price will rise
- B. Price will fall
- C. Rate of intrese falls
- D. B and C of above
|
| 2 |
In equilibrium of nationalincome. |
- A. S > I
- B. S = I
- C. S < I
- D. All are true
|
| 3 |
Which of the following is a withdrawal from the circular flow of income stream. |
- A. Taxation
- B. Consumption
- C. Subsides
- D. Investment
|
| 4 |
Consumption is a function of. |
- A. Saving
- B. Investment
- C. Income
- D. Expenditure
|
| 5 |
Aggregate demand means. |
- A. Aggregate saving
- B. Aggregate Income
- C. Aggregate investment
- D. Aggregate expenditure
|
| 6 |
Which of the following would increase national income. |
- A. Increase in taxation
- B. incerese in savings
- C. Increase in govt spending
- D. Decrease in consumption spending
|
| 7 |
This will cause decrease in natioal income. |
- A. Rise in exports
- B. Rise in saving
- C. Increas in taxese
- D. B and C above
|
| 8 |
National income equals. |
- A. c+ I+g
- B. c-i-g
- C. c-s-g
- D. c+s+g
|
| 9 |
MPC is always. |
- A. Positive
- B. Negative
- C. Zero
- D. More then APC
|
| 10 |
Which shows equilibrium of national income |
- A. Consumption = investment
- B. Saving = investment
- C. Saving > investment
- D. Saving < investment
|
