1.How many approaches in calculating national income?
CHAPTER 2:NATIONAL INCOME ACCOUNTING

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Syafa Wati
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
4
3
2
1
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
2.When will GDP at market price be equal to GDP at factor cost ?
Indirect taxes=subsidy
indirect taxes >subsidy
indirect taxes < subsidy
none of these
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
3.Which one of the following is NOT included in National Income?
Old age pension
salary
wages
bonus
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
4. The national income is
a. NNP at factor cost
b. NNP at market price
c. GNP at market price
d. GNP at factor cost
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
5.The value of the output of all goods and services produced within a country in a year.
total output
Gross Domestic Product
national income
net domestic product
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
6.When a nation's exports exceed its imports and is calculated as exports - imports
trade surplus
trade deficit
inventory
gross domestic product
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
7.When a nation's imports exceed its exports and is calculated as imports -exports
inventory
gross domestic product
trade surplus
trade deficit
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