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91. |
A TV set purchased from a retail store is an example of: |
A. |
Intermediate good |
B. |
Capital good |
C. |
Surplus good |
D. |
Final good |
Answer: Option D
Explanation:
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92. |
Undistributed profits are considered: |
A. |
Income earned but not received |
B. |
Income received but not earned |
C. |
Income earned and received |
D. |
None of the above |
Answer: Option A
Explanation:
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93. |
Total value of all final goods and services produced in a country during one year is: |
Answer: Option C
Explanation:
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94. |
Which measure has the larger value (for Pakistan): |
Answer: Option B
Explanation:
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95. |
In equilibrium position of national income: |
A. |
S > 1 |
B. |
S < 1 |
C. |
S = 1 |
D. |
All are true |
Answer: Option C
Explanation:
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96. |
Personal income includes: |
A. |
Direct taxes |
B. |
Indirect taxes |
C. |
Depreciation |
D. |
None of these |
Answer: Option A
Explanation:
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97. |
Personal income includes: |
A. |
Transfer payments |
B. |
Indirect taxes |
C. |
Depreciation |
D. |
All of the above |
Answer: Option A
Explanation:
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98. |
If savings exceed investment then: |
A. |
National income rises |
B. |
National income falls |
C. |
National income is not affected |
D. |
None of the above |
Answer: Option B
Explanation:
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99. |
If we include it, national income will be over-estimated: |
A. |
Transfer payment |
B. |
Income from abroad |
C. |
Illegal income |
D. |
Exports |
Answer: Option A
Explanation:
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100. |
It is avoided to make correct estimate of national income: |
A. |
Free services |
B. |
Double counting |
C. |
Export earnings |
D. |
All of the above |
Answer: Option B
Explanation:
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