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National Income Accounting Test - 8

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National Income Accounting Test - 8
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Weekly Quiz Competition
  • Question 1
    1 / -0
    In developing countries the marginal propensity to consume is ______ than underdeveloped countries.
  • Question 2
    1 / -0
    _______ of measuring national income is used in the public administration and defense sector.
  • Question 3
    1 / -0
    ________ of measuring national income is used in the unregistered manufacturing sector.
  • Question 4
    1 / -0
    Which of the following is an example of an intermediate goods?
  • Question 5
    1 / -0
    The value of plant and machinery used and worn out in the manufacturing of goods and services is known as _______.
    Solution
    The value of plant and machinery used and worn out in the manufacturing of goods and services is known as depreciation.
    The monetary value of an asset decreases over time due to use, wear and tear or obsolescence. This decrease is measured as depreciation.
  • Question 6
    1 / -0
    _______ is the method of national income is used in the trade, hotels and restaurants sector.
  • Question 7
    1 / -0
    With an increase in income savings naturally ________.
  • Question 8
    1 / -0
    _______ method of measuring national income is used in the transport communication and storage sector.
  • Question 9
    1 / -0
    In small sector net value added is esteemed by the ______.
  • Question 10
    1 / -0
    Given personal income of Rs.7510, personal income tax of Rs. 410, Consumption being Rs. 5000, Personal saving being Rs. 2100. Find the disposal income.
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