Economics/Economics Equilibrium Of National Income Sample Test,Sample questions

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Question: 
  GDP at constant prices calculated according to some base year is called:

1.Actual GDP

2.Nominal GDP

3.Real GDP

4.Net GDP

Posted Date:-2021-08-18 10:32:35

Question: 
 Aggregate demand is:

1.Aggregate saving

2.Aggregate investment

3. Aggregate income

4.Aggregate expenditure

Posted Date:-2021-08-18 10:32:35

Question: 
Consumption is a function of:

1.Saving

2.Investment

3.Income

4.None of these

Posted Date:-2021-08-18 10:32:35

Question: 
If C = 200 and I = 40 then Y will equal:

1.160

2.240

3.800

4.None of these

Posted Date:-2021-08-18 10:32:35

Question: 
Marginal propensity to consume (MPC) is:

1.Total income spent on consumption

2.Ratio of total income consumed

3.Ratio of additional income consumed

4.Consumption divided by saving

Posted Date:-2021-08-18 10:32:35

Question: 
MPC cannot be:

1.Positive

2.Negative

3.Zero

4.More than APC

Posted Date:-2021-08-18 10:32:35

Question: 
MPC is:

1.C/Y

2.?C/?Y

3. Y/C

4.?Y/?C

Posted Date:-2021-08-18 10:32:35

Question: 
National income equals:

1.c + s + g

2.c + 1 + g

3.c - 1 - g

4.c - s - g

Posted Date:-2021-08-18 10:32:35

Question: 
National income equals:

1.c + 1 + t

2.c + s + t

3.c + t - g

4.c - t + g

Posted Date:-2021-08-18 10:32:35

Question: 
This may cause an increase in national income:

1.Rise in exports

2.Rise in imports

3.Fall in consumer spending

4.Increase in saving

Posted Date:-2021-08-18 10:32:35

Question: 
To find net national product depreciation is:

1.Added to GNP

2.Subtracted from GNP

3.Multiplied with national income

4.Has no role in national accounting

Posted Date:-2021-08-18 10:32:35

Question: 
Which of the following is a withdrawal from the circular flow of income stream:

1.Investment

2.Subsidies

3.Taxation

4.Consumption

Posted Date:-2021-08-18 10:32:35

Question: 
Which of the following world increase national income:

1.Increase in taxation

2.Increase in savings

3.Increase in Govt. spending

4.Decrease in consumption spending

Posted Date:-2021-08-18 10:32:35

Question: 
Which one is investment in economics?

1.Building a factory

2.Buying shares in stock exchange

3.Depositing money in bank

4.Depositing money in housing society

Posted Date:-2021-08-18 10:32:35

Question: 
Which shows equilibrium of national income

1.Consumption = investment

2.Saving = Investment

3.Saving < investment

4. Saving > Investment

Posted Date:-2021-08-18 10:32:35

Posted on by R4R Team

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