Economic MCqs with Answers
Economic Quiz
1. It is counted in GDP:
Answer is C)
A tv set produced this year but not sold
2. If Government increases taxes, private savings:
Answer is B)
Decrease
3. If C=200 AND I =40 then Y will be equal to:
Answer is B)
240
4. Corporate tax is levied on :
Answer is C)
Big Companies
5. If we deduct direct tax from personal income , we get:
Answer is C)
Disposable income
6. The largest part of national income is :
Answer is A)
Consumption
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