PART-A
Introductory Macroeconomies)
(Marks:20)
(1
)
1 The wear and tear of capital is called
(a) net investment
(b) gross investment
(c) depreciation
(d) all of the above
2 Ex-ante investment means
(a) the value of planned consumption
(b) the value of planned Investment
(c) the method of calculating national income
(d) None of the above
3. National income refers to
11)
(a) factor income only
(b) income of only normal residents of the country
(c) the sum total of domestic income and factor income from abroad
(d) all of these
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