Unit 2 Economics

Front

Which method is adopted in measuring National Income? Options: Income Method, Production Method, Expenditure Method, All of these

Back

All of these

Front

Which of the following is another term for the Net National Product at factor cost? Gross National Product, National Income, Net Domestic Product, Personal Income

Back

National Income

Front

Which of the following is true for Inflation? EC810
The value of money decreases during Inflation
The value of money stays the same during Inflation
None of the above
The value of money increases during Inflation

Back

The value of money decreases during Inflation

Front

Macro-economics is the study of:

Back

Principle or Theories of national income

Front

The increase in the stock of the capital is also called

Back

Capital formation

Front

Which of the following is the employment theory related to? Microeconomics, None of the above, Static economics, Macroeconomics

Back

Macroeconomics

Front

Which of the following term is opposite to Inflation? Hyperinflation, Stagflation, Desolation, Deflation

Back

Deflation

Front

Which one of the following services are included in the Secondary Sector? Trade, Banking, Manufacturing, Insurance

Back

Manufacturing

Front

Which one is included in Primary Sector? EC83
Options: Mining, Forest, All these, Land

Back

All these

Front

Which one of the following is also included in the National Income?
Black Money
Sale proceedings of bonds and shares
Transfer Earnings
None of these

Back

None of these