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71.

If government increases taxes, private savings:

A.	Increase	B.	Decrease
C.	Become negative	D.	Do not change

72.

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

A.	160	B.	240
C.	200	D.	None of these

73.

Corporate tax is levied on:

A.	Landlords	B.	Municipal corporations
C.	Joint stock companies	D.	Importers

74.

If we deduct direct taxes from personal income, we get

A.	Net national income	B.	Personal saving
C.	Disposable income	D.	Percapita income

75.

The largest part of national income goes to:

A.	Consumption	B.	Investment
C.	Saving	D.	Transfer payment

76.

We measure national income by this method:

A.	Expenditure method	B.	Income method
C.	Product method	D.	Any of the above

77.

Which statement is true?

A.	NNP = GNP - Depreciation	B.	NNP = NI
C.	NNP - DPI

78.

Transfer payments mean:

A.	Bank loans	B.	The payment without work
C.	Tax payments	D.	Payments made to all factors of production

79.

Direct taxes are not included in:

A.	NNP	B.	PI
C.	DPI	D.	(a) and (c) of above

80.

When national income is estimated by expenditure method, we include:

A.	All govt. expenditure	B.	All household expenditure
C.	All expenditure of the business sector	D.	All of the above