A. Saving
B. Disposable income
C. Net income
D. All
Related Mcqs:
- Total consumption deducted from total income is called__________________?
A. Net income
B. Gross income
C. Saving
D. None of these - Using part of income/saving for more income is called_________________?
A. Investment
B. Busyness
C. Consumption
D. Entrepreneurship - Total money income received by the individual or recipients of income is called____________________?
A. Gross income
B. Net income
C. Personal income
D. None of above - The study of how economies are transformed from stagnation to growth and from low income to higher income status?
A. Econometrics
B. Development economics
C. Development plan
D. All - The responsiveness of the quantity demand of a commodity to change in the consumer’s income, measured by the proportionate change in quantity divided by the proportionate change in income ?
A. Elasticity of demand
B. Import substitution
C. Income elasticity of demand
D. None - Changes in govt. spending and tax collection designed to achieve a full employment and non-inflationary domestic out put is called___________________?
A. Fiscal policy
B. Economic planning
C. Economizing problem
D. None - A payment of funds by a govt. firm or house hold for which it receives no goods or services in return?
A. Subsidy
B. Tax
C. lump-sum-tax
D. None - A household’s or firm’s income in the form of goods or services ?
A. Extra income
B. Income in kind
C. Fixed income
D. None - The monitory income a firm sacrifices when it uses a resource it rosins rather than supplying the resource in the market ?
A. Implicit cost
B. Explicit cost
C. Economic cost
D. Nominal cost - An index measuring national socioeconomic development based on measures of life expectancy at birth, educational attainment and adjusted per capital income ?
A. Human development index
B. Human poverty index
C. Headcount index
D. None
