Question

Class:10+2(Commerce)
Paper-Economics
M.M.20
1. Multiple choice questions:
1. Goods that are ready for use by their final users are called:
(a)Final Goods (b) Intermediate Goods (c) Capital goods (d) Consumer goods
2. Which of the following is not a flow variable?
a. Consumption (b) Wealth (c) income
(d) Expenditure
3. Real flow means flow of :-
(a) Goods and services (b) goods
(c) Income and expenditure (d) Services
4. An economy has :-
(a) Consumption sector (b) Production sector
(c) Capital Sector (d) All of these
5. National Income is :-
(a) NDP at market prices (b) NNP at factor cost (c) NDP at Factor cost
(d) NNP at Market Price
2. Fill in the Blanks
1. NDP plus
is GDP
2.
is called as national income
3. In the real flow there is flow of
among different sectors​

Answer 1

1. a . (final goods)

2. d . ( Expenditure)

3. a ( Goods and Services)

4. d all of these

5. d ( NNP at market price)

2. Depreciation