Macro Economics-Online Practice Exam 3
Macro Economics-Online Practice Exam 3

Macro Economics-Online Practice Exam 3

NET / SET Online Practice Exams

Macro Economics

Multi-choice 3

Question

1. In case of circular flow of income factor of production is received by

Answers

A) Government

B) Capital market

C) Household

D) Business

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Question

2. Transfer payments are issued by

Answers

A) Household

B) Government

C) Business

D) Capital market

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Question

3. National income is a

Answers

A) Flow concept

B) Stock concept

C) Quasi stock concept

D) None of the above

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Question

4. Production capacity is a

Answers

A) Flow concept

B) Stock concept

C) Quasi stock concept

D) None of the above

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Question

5. Residential House is

Answers

A) Consumption

B) Investment

C) Inventory

D) None of the above

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Question

Given

NNPfc = 10000 crs

Depreciation = 1000 crs

Net income from abroad = + 200 crs

Tax = 1000 crs

Transfer payment = 500 crs

Personal Tax = 250 crs

Subsidies = 125 crs

Population = 1 crore

Based on the above the information, answer

6. GNPfc is equal to

Answers

A) 8000 crs

B) 9000 crs

C) 10000 crs

D) 11000 crs

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Question

Given

NNPfc = 10000 crs

Depreciation = 1000 crs

Net income from abroad = + 200 crs

Tax = 1000 crs

Transfer payment = 500 crs

Personal Tax = 250 crs

Subsidies = 125 crs

Population = 1 crore

Based on the above the information, answer

 7. GNPmp is equal to

Answers

A) 9500 crs

B) 9600 crs

C) 9875 crs 

D) 10000 crs

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Question

Given

NNPfc = 10000 crs

Depreciation = 1000 crs

Net income from abroad = + 200 crs

Tax = 1000 crs

Transfer payment = 500 crs

Personal Tax = 250 crs

Subsidies = 125 crs

Population = 1 crore

Based on the above the information, answer

 8. NDPfc is equal to

Answers

A) 7500 crs

B) 7750 crs

C) 7825 crs

D) 8000 crs

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Question

Given

NNPFC = 10000 crs

Depreciation = 1000 crs

Net income from abroad = + 200 crs

Tax = 1000 crs

Transfer payment = 500 crs

Personal Tax = 250 crs

Subsidies = 125 crs

Population = 1 crore

Based on the above the information, answer

9. Personal income is equal to

Answers

A) 10000 crs

B) 10500 crs 

C) 10750 crs

D) 11000 crs

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Question

Given

NNPfc = 10000 crs

Depreciation = 1000 crs

Net income from abroad = + 200 crs

Tax = 1000 crs

Transfer payment = 500 crs

Personal Tax = 250 crs

Subsidies = 125 crs

Population = 1 crore

Based on the above the information, answer

10. Per capita income is equal to

 

Answers

A) 9000 crs

B) 10000 crs 

C) 11000 crs

D) 12000 crs

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This practice type exam is prepared by myeconomics.info

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