Question # 1

It is duducted from GNP to find NNP

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Saving

Direct taxes

Depreciatin allowance

Subsidies

The largest type fo in come in the Pakistan is

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Compensation of employees

Propretors income

Rental income

Corporate profits

Gross nationa product includes

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A loan from one's parents

A loan from a domestic bank

A loan from other countries

None of theabove

If we include it. national income will be over estimated

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Transfer payment

Income from abroad

Illegal income

Exports

If govermment increases taxes pivate savings.

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Increase

Decrease

Do not change

Will become zero

Govt. transfer payment include

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Social security benefits

Welfare benefits

Student scholarships

All of the above

In calculating national income which one will NOT be included.

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Exports

Old age pensions

Wages of lecturer

Undistributed profit by firms

Per capita Incom is.

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Income per worker

Incomeper hea

Income per household

Income per industrial unit

Circular flow of income links

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Income expenditure

Govt taxes govt expenditure

Exports ,imports

Saving and investment

Threre are methods of measurieng natinal income

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5

4

2

3

Corporae tax is levied on

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Landdlords

Inporters

Big companies

Municipal corporations

Country is poor if it has.

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Less production of gods per capita

Less amount of gold

Less amout of foreign currency

Less exports

Which statment is true

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NNP =GNP- Deprection

NNP =N1

NNP = DPI

NNP = GNP + Depreciation

Which of the following would NOT be included in GNP

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Govt. Transfer payments

Got. Purchase of an air plane

Payment for construction of highway

Salary paid for the presidents secretary

Which measure has the larger value .

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NNP

GNP

GDP

NI

A TV set purchased from a retail store is an example of.

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Final goods

Surplus goods

Capital goods

Intermediate goods

Consumption spending does NOT include.

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Household's purchases of clothes

Household's purchase of a car

Household's paymnet of rent for an apartment

Household's purchase of shares of a business corporation

Which statment is true

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National Income = Naional expenditure - indirettaxes

N1 =GNP -NNP

N1 =P1

NI =NNP-Indirect taxes

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