Pakistan Economics Multiple Choice Questions
2) GNP is always
(a) Less than NNP
(b) Greater than NNP
(c) Equal to NNP
(d) None of these
4) We measure national income by this method
(a) Expenditure method
(b) Income method
(c) Product method
(d) All of the above
6) Which statement is true
(a) National Expenditure = National income
(b) National Expenditure = National income + National Production
(c) National Expenditure = National income + National Taxes
(d) National Expenditure = National income - Taxes
8) A TV set purchased from store is an example of
(a) Intermediate goods
(b) Capital goods
(c) Surplus goods
(d) Final goods
10) GNP includes
(a) A loan from a bank
(b) A loan from one's parents
(c) Gifts and Donations
(d) A broker's commission


Answers

  1. a
  2. b
  3. b
  4. d
  5. b
  6. a
  7. b
  8. d
  9. c
  10. d




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