| 1 |
If we include it. national income will be over estimated |
- A. Transfer payment
- B. Income from abroad
- C. Illegal income
- D. Exports
|
| 2 |
Total value of allfinal goods andservices produced annually by a country. |
- A. NNP
- B. GNP
- C. GDP
- D. NI
|
| 3 |
If govermment increases taxes pivate savings. |
- A. Increase
- B. Decrease
- C. Do not change
- D. Will become zero
|
| 4 |
Which is a flow concept. |
- A. Number of my shirts
- B. My montly income
- C. My total wealth
- D. Money Supply
|
| 5 |
The largest part of national income goes to |
- A. Consumption
- B. Investment
- C. Saving
- D. Transfer payment
|
| 6 |
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
|
| 7 |
Corporae tax is levied on |
- A. Landdlords
- B. Inporters
- C. Big companies
- D. Municipal corporations
|
| 8 |
The have a functional relation |
- A. Consumption and national income
- B. Consumption and saving
- C. Consumption and investment
- D. All of the above
|
| 9 |
Govt. transfer payment include |
- A. Social security benefits
- B. Welfare benefits
- C. Student scholarships
- D. All of the above
|
| 10 |
Circular flow of income links |
- A. Income expenditure
- B. Govt taxes govt expenditure
- C. Exports ,imports
- D. Saving and investment
|