| 1 |
If money supply in a country decreses |
- A. Price will rise
- B. Price will fall
- C. Rate of intrese falls
- D. B and C of above
|
| 2 |
Consumption is a function of. |
- A. Saving
- B. Investment
- C. Income
- D. Expenditure
|
| 3 |
In equilibrium of nationalincome. |
- A. S > I
- B. S = I
- C. S < I
- D. All are true
|
| 4 |
MPC is always. |
- A. Positive
- B. Negative
- C. Zero
- D. More then APC
|
| 5 |
Which of the following is a withdrawal from the circular flow of income stream. |
- A. Taxation
- B. Consumption
- C. Subsides
- D. Investment
|
| 6 |
Which shows equilibrium of national income |
- A. Consumption = investment
- B. Saving = investment
- C. Saving > investment
- D. Saving < investment
|
| 7 |
Equilibrium of national income will be when |
- A. S >I
- B. S < I
- C. S = I
- D. S - 1
|
| 8 |
GDP atconstnat prices, calculated according to some base year is called. |
- A. acutal GDP
- B. Real GDP
- C. Net GDP
- D. Nominal GDP
|
| 9 |
Marginal propensity to consume MPC is. |
- A. Total income spent on consumption
- B. Ratio of additionalincome consumed
- C. Ratio of total income consumed
- D. Consumption divided by saving
|
| 10 |
National income equals. |
- A. c+ I+g
- B. c-i-g
- C. c-s-g
- D. c+s+g
|
