Question : Which of the following statements are true?

1. End use of the goods categorize as both final and intermediate goods.
2. Books purchased by book seller is a part of final good.
3. Addition to capital stock of an economy is termed as capital gain.
4. Goods purchased for satisfaction are final goods.

Option 1: 1&4

Option 2: 2&4

Option 3: 1&3

Option 4: 2&3

Question : Which of the following statements are true?

1. Aggregate demand and aggregate expenditure means the same.
2. Aggregate demand is a stock concept.
3. Aggregate demand refers to the planned expenditure.
4. Aggregate demand and market demand are one and the same thing.

Option 1: Only 2&4
 

Option 2: Only 1&4
 

Option 3: Only 1&3
 

Option 4: Only 1&2
 

Question : Which of the following are not included in national income?

1. Income from sale of property, inherited from a relative.
2. GST received by government.
3. Direct purchases made abroad by government.
4. Purchase of equipments for installation in a factory.

Option 1: Only 1&2

Option 2: Only 2&3

Option 3: Only 3&4

Option 4: 1&3

Question : Which of the following are true?

Interest income does not includes

1. Interest paid by one firm to another.
2. Interest paid by government on public debt.
3. Interest paid by consumers on loans for consumption purpose.

Option 1: Only 1&2

Option 2: Only 2&3

Option 3: Only 1&3

Option 4: !,2&3

Question :

1. They have derived demand.
2. They donot loose their identitiy in the production process.
3. They have life span of years.
4. They satisfy the wants of consumers.

Option 1: 2&3

Option 2: 2&4

Option 3: 1,2&3

Option 4: 2,3&4