| 1 |
Which statment is true |
- A. NNP =GNP- Deprection
- B. NNP =N1
- C. NNP = DPI
- D. NNP = GNP + Depreciation
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| 2 |
It is counted in GDP |
- A. Sale price of an old car
- B. A TV set produced this year but not sold
- C. Purchase of 100 shares of PSO
- D. The leisure people consume
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| 3 |
It is not included in estimation of national incoe |
- A. Illegal income
- B. Services of house wife
- C. Imports
- D. All are not included
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| 4 |
It is considred as transfer payments |
- A. Salaries of govet emplyees
- B. Bonus of bank employees
- C. Inemployment allowance paid by govt
- D. Free medical are to offers.
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| 5 |
National Income is. |
- A. Total Income earned in producing the national product
- B. All taxes plus govt. spending
- C. Sum of personal income and saving
- D. NNP minus the capital consumption allowance
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| 6 |
Which of the following would NOT be included in GNP |
- A. Govt. Transfer payments
- B. Got. Purchase of an air plane
- C. Payment for construction of highway
- D. Salary paid for the presidents secretary
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| 7 |
Which of the followign is not included in personali income |
- A. Social security benefits
- B. Dividend payments
- C. Undistributed corporate profits
- D. Interest received from of saving certificates
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| 8 |
It is considered as investment |
- A. Construction of a house
- B. Purchase of an old house
- C. Salaries of college professors
- D. a and b above
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| 9 |
It would increase the lvel of national income. |
- A. An increase in taxation
- B. A reduction in governmnet spending
- C. An increase in exports
- D. Students scholarships
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| 10 |
Corporae tax is levied on |
- A. Landdlords
- B. Inporters
- C. Big companies
- D. Municipal corporations
|