MCQs Macro Economics in English, National Income

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Macro Economics    

National Income & its Measurement

·        Another name of national income is:

total expenses	total wages
total Production	all

·        These are Included in the national income.

wages	rent
interest	all

·  These are Included in the national income.

profits	remittances
balance of trade	all

This is /These are not the part/ parts of the national income.

transfer payments	internal payments
External payments	all

·     This tax is not part of disposable personal income.

direct tax	indirect tax
not both	both

·     Is the part of personal income?

pension	zakat
unemployment Allowance	all

·        How many ways to measure national income.

3	4
5	6

·     It is also a way of measuring national income.

total expenses method	total production method
total production method	all

·     Per capita income means.

real income	consumable income
average income	nominal income

·     The biggest problem of measurement of national income is.

double counting	incomplete statistics
free services	All

·     To avoid the problem of double counting, count only.

value of primary items	value of secondary items
value of final items	value of all items

·     To find out the per capita income of the country, national income is divided on.

households	manpower
population	none of them

·     Is deducted from net national income.

depreciation expenses	Remittances
transfer payments	everyone

·      Measurement of national income help in.

performance of the government	saving and consumption
balance the economy	All of them

·     National Income Statistics helps the Minister of Finance.

in taxing	in borrowing
in budgeting	in all of them