Principles Of Economics And Management (3140709) MCQs

MCQs of Markets and National Income

Showing 31 to 34 out of 34 Questions
31.
The average income of the country is
(a) Per capita income
(b) Disposable income
(c) Inflation rate
(d) Real national income
Answer:

Option (a)

32.
Which is the largest figure?
(a) NNP
(b) GNP
(c) PI
(d) DPI
Answer:

Option (b)

33.
Which is a flow concept?
(a) Number of my shirts
(b) My total wealth
(c) My monthly income
(d) Money supply
Answer:

Option (c)

34.
Disposable Income equals to
(a) Real Income - Income tax paid
(b) National Income - Income tax paid
(c) Personal Income - Income tax paid
(d) Abroad Income - Income tax paid
Answer:

Option (c)

Showing 31 to 34 out of 34 Questions