1 |
If C = 200 and I = 40 then Y will equal |
- A. 160
- B. 240
- C. 8000
- D. None of the above
|
2 |
Consumption is a function of. |
- A. Saving
- B. Investment
- C. Income
- D. Expenditure
|
3 |
This wil cause anincrease in national income |
- A. Rise in exports
- B. Fall in consumer spending
- C. Rise in imports
- D. Increase in saving
|
4 |
MPC is always. |
- A. Positive
- B. Negative
- C. Zero
- D. More then APC
|
5 |
Equilibrium of national income will be when |
- A. S >I
- B. S < I
- C. S = I
- D. S - 1
|
6 |
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
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7 |
Which shows equilibrium of national income |
- A. Consumption = investment
- B. Saving = investment
- C. Saving > investment
- D. Saving < investment
|
8 |
GDP atconstnat prices, calculated according to some base year is called. |
- A. acutal GDP
- B. Real GDP
- C. Net GDP
- D. Nominal GDP
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9 |
Which one is investment in economics |
- A. Building a factory
- B. Buyig shares in stock exchange
- C. Depositing money in bank
- D. Deposting money wiht housing society
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10 |
Marginal propensity to consume MPC is. |
- A. Total income spent on consumption
- B. Ratio of additionalincome consumed
- C. Ratio of total income consumed
- D. Consumption divided by saving
|