| 1 |
Personal income includes. |
- A. Direct taxes
- B. Indirect taxes
- C. Depreciation
- D. None of the above
|
| 2 |
Whis is the largest figure |
- A. NNP
- B. GNP
- C. DPI
- D. PI
|
| 3 |
Which statment is true |
- A. National Income = Naional expenditure - indirettaxes
- B. N1 =GNP -NNP
- C. N1 =P1
- D. NI =NNP-Indirect taxes
|
| 4 |
If C= 200 and I= 40 Than Y will equal |
- A. 160
- B. 240
- C. 200
- D. 8000
|
| 5 |
GNP includes |
- A. A Loan from a bank
- B. A loan from one's parents
- C. A brokers commission
- D. Gilfts and donations
|
| 6 |
In calculating national income which one will NOT be included. |
- A. Exports
- B. Old age pensions
- C. Wages of lecturer
- D. Undistributed profit by firms
|
| 7 |
A closed economy is best described as one in which |
- A. thre are no monopolies
- B. No corporations
- C. No extemalities
- D. No international trade
|
| 8 |
It is not included in estimation of national incoe |
- A. Illegal income
- B. Services of house wife
- C. Imports
- D. All are not included
|
| 9 |
Undisributed proits are considered. |
- A. Income enrned but not received
- B. Income eearned and received
- C. Income received but not earned
- D. None of the above
|
| 10 |
Transfer payments include. |
- A. Daily wages, pensions
- B. Pensions Zakat
- C. Taxes, pocket money
- D. Zakat , taxes
|