Q. For a four sector or open economy the condition for equilibrium is: Savings + taxes + Imports = Investment + govt, expenditure + exports Total Leakages = Total Injections Aggregate output = Aggregate Expenditure All of these Answer: All of these
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Q. Which is the equilibrium condition of circular flow in the four sector model? C + I C + I + G C + I + G + (X-M) None of these Answer: C + I + G + (X-M)
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Q. Which one is included in the three-sector model? Family Firm Government All of these Answer: All of these
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Q. Which one is included in the four-sector model? Family, Firm, Industry Family, Firm, Government Family, Firm, Government, Foreign Sector None of the above Answer: Family, Firm, Government, Foreign Sector
Q. Which of the following is sPktock ? Wealth Saving Export Profit Answer: Wealth
Q. Which services are provided by families to a firm? Land Labour Capital and Enterprises All the above Answer: All the above
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Q. Which one is included inflow ? Consumption Investment Income All of these Answer: Investment
Q. Which of the following is included in real flow? Flow of Goods Flow of Services Both (1) and (2) None of these Answer: Both (1) and (2)
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Q. Which one of the following is included in ‘Stock’? Quantity of Money Wealth Quantity of wheat stored in a warehouse All the above Answer: All the above
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Q. Increase in Stock of Capital is known as: Capital Loss Capital Profit Capital Formation None of these Answer: Capital Formation
