( Best 200+ ) Macro Economics MCQ

by Mr. DJ

Macro Economics MCQ

Macro Economics MCQ Meaning :- Macroeconomics is the branch of economics that deals with the structure, performance, behavior, and decision-making of the whole, or aggregate, economy. The two main areas of macroeconomic research are long-term economic growth and shorter-term business cycles.

Macro Economics MCQ

141) Which of the following is a synonym of “Undistributed Profits”?
A) savings of private corporate sector

b) reserves and surpls

c) retained earnings

d) all of
Ans:all of these


142) Which one is inclded in National Income?
A)winning from lottery

b) milk purchase by a dairy shop

c) national debt interest

d) none of
Ans:none of these.


143) ‘Distributed Profits’ is also known as:
a)Corporate tax

b) Dividend

c) Retained Earnings

d) None of these


144) If a farmer sells Wheat to miller for RS.500 and miller sells flour to baker for Rs.700 and baker sells bread to consumer for Rs.1000, then total value added by Miller and baker is:
a) 500

b) 300

c) 1700

d) 1200



145) Which of the following is included in domestic income?
A)factor income from abroad

b) windfall gains

c) pension on retirement

d) capial gains

Ans:pension on retirement


146) Expenditure method focuses on measurement of National income at:
A) phases of production of goods and services

b) phase of income distribution

c) phase of income disposition

d) all of these
Ans: phase of income disposition


147) which of the following is not an economic activity and hence not included while estimating national income in india?
A)medical services rendered by a dispensary

b) a housewife doing household work

c) a lawyer doing his

D.a maid working full time with a family
Ans: a housewife doing household work


148) National product at current prices is higher than national product at constant prices during a period of :
a) Rising prices

b) Falling prices

c) Constant prices

d) Both a and b
Ans: Rising prices


149) Net Factor Income from Abroad is taken into account when National Income is calculated by:
A) value added method

b) income method

c) expenditure method

d) any of the three methods
Ans:any of the three methods


150) Broker’s commission on sale and purchase of second hand goods is included in national income because:
a) It is a part of compensation of employees
b) It is a part of GRoss Domestic Capital Formation
C) it is an income earned for rendering productive services
d) None of these


Read Also 

Join Our Telegram Channel 

Best 200+ Micro Economic MCQ

You may also like

Leave a Comment