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Online Tests
Economics Ics Part 2 English Medium Chapter 2 Online Test MCQs With Answers
Question # 1
This wil cause anincrease in national income
Choose an answer
Rise in exports
Fall in consumer spending
Rise in imports
Increase in saving
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Question # 2
Equilibrium of national income will be when
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S >I
S < I
S = I
S - 1
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Question # 3
GDP atconstnat prices, calculated according to some base year is called.
Choose an answer
acutal GDP
Real GDP
Net GDP
Nominal GDP
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Question # 4
If C = 200 and I = 40 then Y will equal
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160
240
8000
None of the above
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Question # 5
If money supply in a country decreses
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Price will rise
Price will fall
Rate of intrese falls
B and C of above
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Question # 6
This will cause decrease in natioal income.
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Rise in exports
Rise in saving
Increas in taxese
B and C above
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Question # 7
Which of the following is a withdrawal from the circular flow of income stream.
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Taxation
Consumption
Subsides
Investment
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Question # 8
Marginal propensity to consume MPC is.
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Total income spent on consumption
Ratio of additionalincome consumed
Ratio of total income consumed
Consumption divided by saving
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Question # 9
Which one is investment in economics
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Building a factory
Buyig shares in stock exchange
Depositing money in bank
Deposting money wiht housing society
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Question # 10
Which of the following would increase national income.
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Increase in taxation
incerese in savings
Increase in govt spending
Decrease in consumption spending
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Question # 11
National income equals.
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c+ I+g
c-i-g
c-s-g
c+s+g
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Question # 12
Aggregate demand means.
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Aggregate saving
Aggregate Income
Aggregate investment
Aggregate expenditure
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Question # 13
In equilibrium of nationalincome.
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S > I
S = I
S < I
All are true
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Question # 14
Consumption is a function of.
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Saving
Investment
Income
Expenditure
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Question # 15
MPC is always.
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Positive
Negative
Zero
More then APC
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Question # 16
Which shows equilibrium of national income
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Consumption = investment
Saving = investment
Saving > investment
Saving < investment
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