CSS :: Equilibrium Of National Income

@ : Home > Economics > Equilibrium Of National Income

11.

MPC is:

A.	C/Y	B.	?C/?Y
C.	Y/C	D.	?Y/?C

12.

National income equals:

A.	c + s + g	B.	c + 1 + g
C.	c - 1 - g	D.	c - s - g

13.

National income equals:

A.	c + 1 + t	B.	c + s + t
C.	c + t - g	D.	c - t + g

14.

GDP at constant prices, calculated according to some base year is called:

A.	Actual GDP	B.	Nominal GDP
C.	Real GDP	D.	Net GDP

15.

MPC cannot be:

A.	Positive	B.	Negative
C.	Zero	D.	More than APC