Multi-choice 8 Question 1. National income statistics can help in Answers Option 1 Economics planing Option 2 Calculate poverty Option 3 Formulate trade policy Option 4 All the above Feedback Wrong option Wrong option Wrong option Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question Consumption expenditure - 10000 Savings - 5000 Interest on public debt - 250 Transfer payment - 250 Profit tax - 500 Undistributed corporate profit - 1200 Direct tax - 2500 Social security contribution - 200 2. Find Disposable income Answers Option 1 10000 Option 2 15000 Option 3 2000 Option 4 25000 Feedback Wrong option Correct option Wrong option Wrong option Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question Consumption expenditure - 10000 Savings - 5000 Interest on public debt - 250 Transfer payment - 250 Profit tax - 500 Undistributed corporate profit - 1200 Direct tax - 2500 Social security contribution - 200 3. Find personal income Answers Option 1 12000 Option 2 15000 Option 3 17500 Option 4 20000 Feedback Wrong option Wrong option Correct option Wrong option Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question Consumption expenditure - 10000 Savings - 5000 Interest on public debt - 250 Transfer payment - 250 Profit tax - 500 Undistributed corporate profit - 1200 Direct tax - 2500 Social security contribution - 200 4. Total tax collection by the government is Answers Option 1 2500 Option 2 2750 Option 3 3000 Option 4 3500 Feedback Wrong option Wrong option Correct option Wrong option Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question Consumption expenditure - 10000 Savings - 5000 Interest on public debt - 250 Transfer payment - 250 Profit tax - 500 Undistributed corporate profit - 1200 Direct tax - 2500 Social security contribution - 200 5. Which of the above are payment by government ? Answers Option 1 Savings Option 2 Interest on public debts Option 3 Transfer payment Option 4 Both( a )and( b) Feedback Wrong option Wrong option Wrong option Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question Consumption expenditure - 10000 Savings - 5000 Interest on public debt - 250 Transfer payment - 250 Profit tax - 500 Undistributed corporate profit - 1200 Direct tax - 2500 Social security contribution - 200 6. National income to equal to Answers Option 1 18500 Option 2 19000 Option 3 18900 Option 4 20000 Feedback Wrong option Wrong option Correct option Wrong option Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 7. Keynes only considered Answers Option 1 Induced investment Option 2 Autonomous investment Option 3 Both (a) and (b) Option 4 None of the above Feedback Wrong option Correct option Wrong option Wrong option Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 8. Impact of income influencing income was first pointed out by Answers Option 1 J.M Clark Option 2 J.M Keyness Option 3 Marshall Option 4 None of the above Feedback Correct option Wrong option Wrong option Wrong option Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 9. Induced investment is influenced by Answers Option 1 Business expectation Option 2 Rate of interest Option 3 Income level Option 4 None of the above Feedback Wrong option Wrong option Correct option Wrong option Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 10. Autonomous investment is determined by everything expect A)rate of interest Answers Option 1 Rate of Interest Option 2 Technology Option 3 Government policy Option 4 Income Feedback Wrong option Wrong option Wrong option Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback)
Multi-choice 8 Question 1. National income statistics can help in Answers Option 1 Economics planing Option 2 Calculate poverty Option 3 Formulate trade policy Option 4 All the above Feedback Wrong option Wrong option Wrong option Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question Consumption expenditure - 10000 Savings - 5000 Interest on public debt - 250 Transfer payment - 250 Profit tax - 500 Undistributed corporate profit - 1200 Direct tax - 2500 Social security contribution - 200 2. Find Disposable income Answers Option 1 10000 Option 2 15000 Option 3 2000 Option 4 25000 Feedback Wrong option Correct option Wrong option Wrong option Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question Consumption expenditure - 10000 Savings - 5000 Interest on public debt - 250 Transfer payment - 250 Profit tax - 500 Undistributed corporate profit - 1200 Direct tax - 2500 Social security contribution - 200 3. Find personal income Answers Option 1 12000 Option 2 15000 Option 3 17500 Option 4 20000 Feedback Wrong option Wrong option Correct option Wrong option Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question Consumption expenditure - 10000 Savings - 5000 Interest on public debt - 250 Transfer payment - 250 Profit tax - 500 Undistributed corporate profit - 1200 Direct tax - 2500 Social security contribution - 200 4. Total tax collection by the government is Answers Option 1 2500 Option 2 2750 Option 3 3000 Option 4 3500 Feedback Wrong option Wrong option Correct option Wrong option Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question Consumption expenditure - 10000 Savings - 5000 Interest on public debt - 250 Transfer payment - 250 Profit tax - 500 Undistributed corporate profit - 1200 Direct tax - 2500 Social security contribution - 200 5. Which of the above are payment by government ? Answers Option 1 Savings Option 2 Interest on public debts Option 3 Transfer payment Option 4 Both( a )and( b) Feedback Wrong option Wrong option Wrong option Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question Consumption expenditure - 10000 Savings - 5000 Interest on public debt - 250 Transfer payment - 250 Profit tax - 500 Undistributed corporate profit - 1200 Direct tax - 2500 Social security contribution - 200 6. National income to equal to Answers Option 1 18500 Option 2 19000 Option 3 18900 Option 4 20000 Feedback Wrong option Wrong option Correct option Wrong option Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 7. Keynes only considered Answers Option 1 Induced investment Option 2 Autonomous investment Option 3 Both (a) and (b) Option 4 None of the above Feedback Wrong option Correct option Wrong option Wrong option Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 8. Impact of income influencing income was first pointed out by Answers Option 1 J.M Clark Option 2 J.M Keyness Option 3 Marshall Option 4 None of the above Feedback Correct option Wrong option Wrong option Wrong option Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 9. Induced investment is influenced by Answers Option 1 Business expectation Option 2 Rate of interest Option 3 Income level Option 4 None of the above Feedback Wrong option Wrong option Correct option Wrong option Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 10. Autonomous investment is determined by everything expect A)rate of interest Answers Option 1 Rate of Interest Option 2 Technology Option 3 Government policy Option 4 Income Feedback Wrong option Wrong option Wrong option Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback)