| 1 |
The goods which arw used directly by the people are called. |
- A. Consumer goods
- B. Capital good
- C. Direct good
- D. None
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| 2 |
The four factor payments are. |
- A. Money, Capital, salaries, and income
- B. Wages, rent internest and profts
- C. Money, power, Prices, and wwalth
- D. Wags, intrest, salareis,andtaxes.
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| 3 |
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
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| 4 |
It is duducted from GNP to find NNP |
- A. Saving
- B. Direct taxes
- C. Depreciatin allowance
- D. Subsidies
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| 5 |
Corporae tax is levied on |
- A. Landdlords
- B. Inporters
- C. Big companies
- D. Municipal corporations
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| 6 |
National Income = Ntional Expenditure is an |
- A. Equation
- B. Identity
- C. Function
- D. None
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| 7 |
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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| 8 |
If C= 200 and I= 40 Than Y will equal |
- A. 160
- B. 240
- C. 200
- D. 8000
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| 9 |
Investment spending included the purchase of. |
- A. Lottery coupon
- B. Prize Bond
- C. Residential construction
- D. all of the above
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| 10 |
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
|