Macro Economics MCQ
Macro Economics MCQ Meaning :- Macroeconomics is the branch of economics that deals with the structure, performance, behavior, and decision-making of the whole, or aggregate, economy. The two main areas of macroeconomic research are long-term economic growth and shorter-term business cycles.
121) Final goods refer to those goods which are used either for …………. or for ……….
a) Consumption, Investment
b) Consumption,resale
c)Resale,investment
d)Resale,further production.
Ans:Consumption, Investment
Answer:a
122) Net Factor Income from Abroad is:
a) Export minus Imorts
b) Visible Exports minus Visible Imports
c) Factor Income Received From
Abroad Minus Factor Income Paid Abroad
d) Factor income received from abroad
Ans:F Factor Income Received From Abroad Minus Factor Income Paid Abroad
Answer:c
123) Depreciation means:
A) destruction of a plant in a fire accident
b) loss of fixed assets over tim due to wear and tear
c) loss
of fixed assets in an earthquake
d) closure of the plant due to lockout
Ans: loss of fixed assets over tim due to wear and tear
Answer:b
124) Market price ad factor cost would be equal when there is:
A) no direct tax
b) no indirect tax
c) no subsidy
d) no indirect tax and no subsidy
Ans:no indirect tax and no subsidy
Answer:d
125) Which of the following is an example of Transfer Income?
a) Bonus
b) Unemployment Allowance
c) Compensation from the employer
d) All of these
Ans:All of these
Answer:d
126) Which of the following is an example of an intermediate good?
A) car sold by a dealer of second hand cars
b) steel and cement used to construct a flyover
c) fertilizers
purchased by a farmer
d) all of these
Ans:all of these
Answer:d
127) Out of the following, which aggregate represents ‘National Income’?
a) NNP MP
b) GNP FC
c) NNP FC
d) GNP MP
Ans:NNP FC
Answer:c
128) if facor income received from abroad is equal to factor income paid abroad, then which of the following is
not a valid statement?
A) national income = domestic income
b) ndp fc + depreciation = gnp fc
c) ndp fc + depreciation = gnp mp
d) all are valid
Ans:NDP FC + depreciation = GNP MP
Answer:c
129) Cororate tax is not a part of :
a) Personal Income
b) Naional income
c) Domestic income
d) Private income
Ans: Personal Income
Answer:a
130) National Disposable income is equal to:
a) Private Final Consumption Expenditure + Government Final Consumption Expenditure + National Saving
b) National Consumption Expenditure + National Saving
c) National Income + Net Indirect Taxes + Net Current Transfers from rest of the world.
D) all of these.
Ans:all of these.
Answer:d
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