Q. For a four sector or open economy the condition for equilibrium is: Savings + taxes + Imports = Investment + govt, expenditure + exportsTotal Leakages = Total InjectionsAggregate output = Aggregate ExpenditureAll of these Answer: All of these

Q. Which is the equilibrium condition of circular flow in the four sector model? C + IC + I + GC + I + G + (X-M)None of these Answer: C + I + G + (X-M)

Q. Which one is included in the three-sector model? FamilyFirmGovernmentAll of these Answer: All of these

Q. Which one is included in the four-sector model? Family, Firm, IndustryFamily, Firm, GovernmentFamily, Firm, Government, Foreign SectorNone of the above Answer: Family, Firm, Government, Foreign Sector

Q. Which of the following is sPktock ? WealthSavingExportProfit Answer: Wealth

Q. Which services are provided by families to a firm? LandLabourCapital and EnterprisesAll the above Answer: All the above

Q. Which one is included inflow ? ConsumptionInvestmentIncomeAll of these Answer: Investment

Q. Which of the following is included in real flow? Flow of GoodsFlow of ServicesBoth (1) and (2)None of these Answer: Both (1) and (2)

Q. Which one of the following is included in ‘Stock’? Quantity of MoneyWealthQuantity of wheat stored in a warehouseAll the above Answer: All the above

Q. Increase in Stock of Capital is known as: Capital LossCapital ProfitCapital FormationNone of these Answer: Capital Formation