Question # 1

In 2005-06, the percentage of total investment to GDP was:

8 percent

10percent

15percent

20percent

Inflation on prices:

Decrease

Remains constant

Increase

Become zero

In 2005-06 the real GDP growth of USA was 3.5 percent, of China 9.9 percent, Japan 2.7 percent, India 8.0 percent and of Pakistan was:

6.6 percent

1.6 percent

4.6 percent

5.0 percent

The methods of measuring elasticity of supply are:

Three

Two

Four

Five

When national income is increases:

Standard of living increases

Standard of living decreases

Remains same

Bad thing

Double counting in national income refers to:

Counting a product more than once

Counting a product at the final stage of output process

Counting both as product and as factor payment

Counting both as real goods and as money flow

NAT II Management Science Economy MCQs With Answers