National Income
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2017 A/L Economics – Past Paper MCQ 22
Question: Which of the following expenditures would be included in the calculation of gross fixed…
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2018 A/L Economics – Past Paper MCQ 24
Question: Assume an economy with 3 industries. Industry A uses Rs. 30m imported inputs and…
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2018 A/L Economics – Past Paper MCQ 23
Question: What is not included in the measurement of Gross National Income (GNI)? (1) Financial…
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2018 A/L Economics – Past Paper MCQ 22
Question: Which of the following statements defines the Gross Domestic Product? (1) The total quantity…
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2019 A/L Economics – Past Paper MCQ 22
Question: Which of the following is considered a property income? (1) Wages and salaries (2)…
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2019 A/L Economics – Past Paper MCQ 21
Question: Which of the following household purchases will be counted as a component of gross…
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2019 A/L Economics – Past Paper MCQ 20
Question: Which one of the following is a component of the Gross Value Added (GVA)…
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2020 A/L Economics – Past Paper MCQ 22
Question: If personal income exceeded national income in a particular year, it can be concluded…
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2020 A/L Economics – Past Paper MCQ 21
Question: The main components of primary income are (1) compensation of employees, gross operating surplus…
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2020 A/L Economics – Past Paper MCQ 20
Question: In national accounting, which one of the following activities is excluded from the production…