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National Income and Related Aggregates
- Online Test
National Income and Related Aggregates
TEST : 1
# National Income and Related Aggregates
# CBSE 12TH Economics
Prepare / Learn
Q1.
Explain the meaning of non-market activities
A.
Production
B.
Involuntary
C.
Non marketable
D.
Economic
View Solution
Add Work Space
Answer :
Option C
Explaination / Solution:
No Explaination.
# National Income and Related Aggregates
# CBSE 12TH Economics
Prepare / Learn
Q2.
Nominal GNP is same as
A.
Real GNP
B.
GNP less Net factor income from abroad
C.
GNP at constant prices
D.
GNP at current prices
View Solution
Add Work Space
Answer :
Option D
Explaination / Solution:
No Explaination.
# National Income and Related Aggregates
# CBSE 12TH Economics
Prepare / Learn
Q3.
Real GNP is same as
A.
GNP at constant prices
B.
GNP less Net factor income from abroad
C.
Nominal GNP
D.
GNP at current prices
View Solution
Add Work Space
Answer :
Option A
Explaination / Solution:
No Explaination.
# National Income and Related Aggregates
# CBSE 12TH Economics
Prepare / Learn
Q4.
Real flow is the flow of
A.
Goods only
B.
Money
C.
Services only
D.
Goods and services
View Solution
Add Work Space
Answer :
Option D
Explaination / Solution:
No Explaination.
# National Income and Related Aggregates
# CBSE 12TH Economics
Prepare / Learn
Q5.
Money flow is the flow of
A.
Factor payments
B.
Goods only
C.
Goods and services only
D.
Services only
View Solution
Add Work Space
Answer :
Option A
Explaination / Solution:
No Explaination.
# National Income and Related Aggregates
# CBSE 12TH Economics
Prepare / Learn
Q6.
State which one of the following is true.
A.
Gross domestic capital formation is always greater than gross fixed capital formation.
B.
Capital formation is a flow
C.
Bread is always a consumer good.
D.
Nominal GDP can never be less that real GDP
View Solution
Add Work Space
Answer :
Option B
Explaination / Solution:
No Explaination.
# National Income and Related Aggregates
# CBSE 12TH Economics
Prepare / Learn
Q7.
Which of the following in an example of macro economics
A.
Price determination
B.
Inflation
C.
Producer’s equilibrium
D.
Consumer’s equilibrium
View Solution
Add Work Space
Answer :
Option B
Explaination / Solution:
No Explaination.
# National Income and Related Aggregates
# CBSE 12TH Economics
Prepare / Learn
Q8.
Microeconomics is different from macroeconomic s as
A.
Microeconomics deals with individual behaviour
B.
Microeconomics deals with prices only
C.
Microeconomics deals with economic behaviour
D.
Microeconomics deals with government’s decisions
View Solution
Add Work Space
Answer :
Option A
Explaination / Solution:
No Explaination.
# National Income and Related Aggregates
# CBSE 12TH Economics
Prepare / Learn
Q9.
Intermediate goods are those
A.
Which are for long term use
B.
Which are for resale
C.
Which capital can buy
D.
Which are sold
View Solution
Add Work Space
Answer :
Option B
Explaination / Solution:
No Explaination.
# National Income and Related Aggregates
# CBSE 12TH Economics
Prepare / Learn
Q10.
Final goods are those
A.
Which are for long term use
B.
Which are for final consumption
C.
Which capital can buy
D.
Which are for resale
View Solution
Add Work Space
Answer :
Option B
Explaination / Solution:
No Explaination.
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