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CSS :: National Income


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

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

93.  Total value of all final goods and services produced in a country during one year is:
A. NNP B. GNP
C. GDP D. NI

94.  Which measure has the larger value (for Pakistan):
A. NNP B. GNP
C. GDP D. NI

95.  In equilibrium position of national income:
A. S > 1 B. S < 1
C. S = 1 D. All are true

96.  Personal income includes:
A. Direct taxes B. Indirect taxes
C. Depreciation D. None of these

97.  Personal income includes:
A. Transfer payments B. Indirect taxes
C. Depreciation D. All of the above

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

99.  If we include it, national income will be over-estimated:
A. Transfer payment B. Income from abroad
C. Illegal income D. Exports

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




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