Question : Per Capita income is equal to

Option 1:

Option 2: National Income + Population 

Option 3: National Income - Population 

Option 4: National Income x Population 

Question : What is the most generally used indicator of overall economic performance?

Option 1: Per capita Gross National Product

Option 2: Human Development Index

Option 3: Physical Quality of Life Index

Option 4: Standard of living

Question : ________ is calculated by dividing the nominal GDP in a given year by the real GDP for the same year and multiplying it by 100.

Option 1: Disposable income

Option 2: GDP deflator

Option 3: Real income

Option 4: Per capita income

Question : The savings rate is relatively low in developed economies because of

Option 1: low per capita income

Option 2: welfare programmes

Option 3: liquidity/borrowing constraint

Option 4: high interest rate

Question : A sudden decrease in the birth rate would cause _______.

Option 1: increase in per capita income

Option 2: increase in investment

Option 3: increase in savings

Option 4: increase in loan requests