Ameenah Eco. 3rd term 2nd CA.

The securities for medium term borrowing. usually for the period of one or two years is ---

• Treasury certificates

• Stocks

• Debentures

• Treasury bills

The debt which a country owes its citizens is called

• Country's debt

• External debt

• Internal debt

• All of the above

Sharing of the nation's wealth among its component part of the national is referred to as ---

• National cake

• Revenue allocation

• Disbursement of individual wealth

• Sharing of public gain

If government borrow from external financial Institutions such as world bank,Paris club, etc. this is called --

• National borrowing scheme

• National savings scheme

• Treasury bills

• Negotiat

The process of determining total money earned in a country over a period of time is known as ---

• Gross domestic income

• National income accounting

• Budgeting

• Per capital income

One of the following is not a reason for measuring national income

• It gives pattern of expenditure of households

• It determines growth rate of the economy

• It shows the standard of living

• Nature of factors of production

Which of the following increases national income?

• High unemployment

• Increased production of goods and services

• Increased production of goods and services restrictions

• Currency devaluation

Per capita income is calculated by:

• National income ÷ population

• GDP × population

• Imports ÷ exports

• Wages ÷ hours worked

What does GNP stand for?

• Gross National Price

• General National Payment

• Gross National Product

• Government Net Payment

Which of these is not included in the calculation of national income?

• Salaries of government workers

• Rent received by landlords

• Wages of factory workers

• Illegal income