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English
Economics
History & Civics
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Question-1
In a circular-flow of income it is assume that, there would be ___________.
(A)
Disequilibrium
(B)
partial equilibrium
(C)
equilibrium
(D)
none of these
Question-2
The national output of a nation is known as ___________.
(A)
National income
(B)
National disposable income
(C)
Per-capita income
(D)
National corporate income
Question-3
____________ shows the interaction of the different sectors of the economy.
(A)
Two sector model
(B)
Three sector model
(C)
Circular flow of income
(D)
Paradox of thrift
Question-4
Examples of investments are the expenditures on __________.
(A)
Plant
(B)
Machinery
(C)
equipments
(D)
all of these
Question-5
Investment represents __________ from the circular flow of income.
(A)
Leakage
(B)
injection
(C)
Leakage or injection
(D)
none of these
Question-6
In the case of transfer payments there is a flow of money payments from __________
(A)
Government to households
(B)
Households to government
(C)
households to people
(D)
None of these
Question-7
Three sector model includes ________.
(A)
only households
(B)
only business firms
(C)
households and business firms
(D)
households, business firms and government
Question-8
In a two sector model _________ owns all the factors of production.
(A)
households
(B)
Business firms
(C)
foreign sector
(D)
government
Question-9
Open economies are those economies with ____________ relation with rest of the world.
(A)
trade
(B)
barter
(C)
Only imports
(D)
None of these
Question-10
__________ is the intermediary between savers and investors .
(A)
Financial institutions
(B)
intermediaries
(C)
middle man
(D)
All of these
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Plus 2 Humanities
ICSE/ISC
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Cost and Revenue Analysis
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EQUILIBRIUM OF FIRM
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Nature of Goods and Services Produced
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Fiscal Policy and Deficit Financing
The Theory of Distribution: Rent, Interest and Profit
National Income and Circular Flow of Income
Measurement of National Income
- GOVERNMENT BUDGET
PUBLIC FINANCE;TAXATION
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