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11.

It is transfer payment:

A.	Payment of college tuition	B.	A social security payment
C.	Interest paid for a bank loan	D.	Payment for a leased car

12.

It is counted in GDP:

A.	Sale price of an old car	B.	Purchase of 100 shares of PSO
C.	A TV set produced this year but not sold	D.	The leisure people consume

13.

If government increases taxes, private savings:

A.	Increase	B.	Decrease
C.	Do not change	D.	Will become zero

14.

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

A.	160	B.	240
C.	200	D.	None of the above

15.

Corporate tax is levied on:

A.	Landlords	B.	Municipal corporations
C.	Big companies	D.	Importers

16.

If we deduct direct tax from personal income, we get:

A.	Net national income	B.	Personal saving
C.	Disposable income	D.	Per capita income

17.

The largest part of national income is:

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

18.

We measure national income by this method:

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

19.

Which statement is true?

A.	NNP = GNP - Depreciation	B.	NNP = NI
C.	NNP = DPI	D.	None of these

20.

Transfer payments means:

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