Notes Macro Economics-Online Practice Exam 4 September 2, 2023 December 14, 2023 NET / SET Online Practice Exams Test Multi-choice 4 Question GivenNNPfc = 10000 crsDepreciation = 1000 crsNet income from abroad = + 200 crsTax = 1000 crsTransfer payment = 500 crsPersonal Tax = 250 crsSubsidies = 125 crsPopulation = 1 croreBased on the afcbove the information, answer 1) Personal disposable income is equal to Answers Option 1 A) 10000 crs Option 2 B) 10250 crs Option 3 C) 10500 crs Option 4 D) 11000 crs Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 2. Full cost pricing was introduced by Answers Option 1 A) Rent Option 2 B) Imputed rent Option 3 C) Undistributed profit Option 4 D) Pensions Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 3. Due to problem of double counting national income gets Answers Option 1 A) Underestimated Option 2 B) Overestimated Option 3 C) Correct estimate Option 4 D) Indeterminate Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 4. Which off the following is not included in calculating GNPfc by output method? Answers Option 1 A) Unsold stock Option 2 B) Output for self consumption Option 3 C) Finished goods Option 4 D) Raw material Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 5. Which of the following is not a method of estimating national income ? Answers Option 1 A) Expenditure Option 2 B) Output method Option 3 C) Matrix method Option 4 D) Income method Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 6. In India agriculture income is calculated through Answers Option 1 A) Output method Option 2 B) Income method Option 3 C) Expenditure method Option 4 D) Commodity flow method Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 7. In India baking income is calculated through Answers Option 1 A) Output method Option 2 B) Income method Option 3 C) Expenditure method Option 4 D) Commodity flow method Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 8. Study of collusive agreement is Answers Option 1 A) Output method Option 2 B) Income method Option 3 C) Commodity flow method Option 4 D) None of the above Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 9. Subsidies are payment by government to Answers Option 1 A) Household Option 2 B) State government Option 3 C) firms Option 4 D) Rest of the world Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 10. Transfer payment are payment by government to Answers Option 1 A) Household Option 2 B) firms Option 3 C) Rest of the world Option 4 D) None of the above Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Prepared by www.myeconomics.info << Prev Next >> "There is no joy in possession without sharing". Share this page. Whatsapp Telegram Facebook Twitter
Multi-choice 4 Question GivenNNPfc = 10000 crsDepreciation = 1000 crsNet income from abroad = + 200 crsTax = 1000 crsTransfer payment = 500 crsPersonal Tax = 250 crsSubsidies = 125 crsPopulation = 1 croreBased on the afcbove the information, answer 1) Personal disposable income is equal to Answers Option 1 A) 10000 crs Option 2 B) 10250 crs Option 3 C) 10500 crs Option 4 D) 11000 crs Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 2. Full cost pricing was introduced by Answers Option 1 A) Rent Option 2 B) Imputed rent Option 3 C) Undistributed profit Option 4 D) Pensions Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 3. Due to problem of double counting national income gets Answers Option 1 A) Underestimated Option 2 B) Overestimated Option 3 C) Correct estimate Option 4 D) Indeterminate Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 4. Which off the following is not included in calculating GNPfc by output method? Answers Option 1 A) Unsold stock Option 2 B) Output for self consumption Option 3 C) Finished goods Option 4 D) Raw material Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 5. Which of the following is not a method of estimating national income ? Answers Option 1 A) Expenditure Option 2 B) Output method Option 3 C) Matrix method Option 4 D) Income method Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 6. In India agriculture income is calculated through Answers Option 1 A) Output method Option 2 B) Income method Option 3 C) Expenditure method Option 4 D) Commodity flow method Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 7. In India baking income is calculated through Answers Option 1 A) Output method Option 2 B) Income method Option 3 C) Expenditure method Option 4 D) Commodity flow method Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 8. Study of collusive agreement is Answers Option 1 A) Output method Option 2 B) Income method Option 3 C) Commodity flow method Option 4 D) None of the above Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 9. Subsidies are payment by government to Answers Option 1 A) Household Option 2 B) State government Option 3 C) firms Option 4 D) Rest of the world Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 10. Transfer payment are payment by government to Answers Option 1 A) Household Option 2 B) firms Option 3 C) Rest of the world Option 4 D) None of the above Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback)
Multi-choice 4 Question GivenNNPfc = 10000 crsDepreciation = 1000 crsNet income from abroad = + 200 crsTax = 1000 crsTransfer payment = 500 crsPersonal Tax = 250 crsSubsidies = 125 crsPopulation = 1 croreBased on the afcbove the information, answer 1) Personal disposable income is equal to Answers Option 1 A) 10000 crs Option 2 B) 10250 crs Option 3 C) 10500 crs Option 4 D) 11000 crs Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 2. Full cost pricing was introduced by Answers Option 1 A) Rent Option 2 B) Imputed rent Option 3 C) Undistributed profit Option 4 D) Pensions Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 3. Due to problem of double counting national income gets Answers Option 1 A) Underestimated Option 2 B) Overestimated Option 3 C) Correct estimate Option 4 D) Indeterminate Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 4. Which off the following is not included in calculating GNPfc by output method? Answers Option 1 A) Unsold stock Option 2 B) Output for self consumption Option 3 C) Finished goods Option 4 D) Raw material Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 5. Which of the following is not a method of estimating national income ? Answers Option 1 A) Expenditure Option 2 B) Output method Option 3 C) Matrix method Option 4 D) Income method Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 6. In India agriculture income is calculated through Answers Option 1 A) Output method Option 2 B) Income method Option 3 C) Expenditure method Option 4 D) Commodity flow method Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 7. In India baking income is calculated through Answers Option 1 A) Output method Option 2 B) Income method Option 3 C) Expenditure method Option 4 D) Commodity flow method Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 8. Study of collusive agreement is Answers Option 1 A) Output method Option 2 B) Income method Option 3 C) Commodity flow method Option 4 D) None of the above Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 9. Subsidies are payment by government to Answers Option 1 A) Household Option 2 B) State government Option 3 C) firms Option 4 D) Rest of the world Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 10. Transfer payment are payment by government to Answers Option 1 A) Household Option 2 B) firms Option 3 C) Rest of the world Option 4 D) None of the above Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback)
