national income - value added method

which of the following method can be used to calculate national income?

• income method

• value added method

• expenditure method

• all of the these

the value of intermediate consumption will be ___________ , if purchase of raw material is rs 1,200, export are of Rs 600 and import are of Rs. 200.

• 1200

• 800

• 1800

• 1400

commodity service method is another name for:

• expenditure method

• income method

• value added method

if a farmer sells wheat to miller for ₹500 and miller sells flour to baker for ₹ 700 and baker sells bread to consumers for ₹ 1000 then total value added by miller and baker is:

• 500

• 300

• 1,700

• 1,200

when the entire output is sold in an accounting year, then value of output is equal to:

• sales+change in stock

• sales

• sales- change in stock

national income can be calculated by 3 methods. by which method, we get the maximum value of national income?

• expenditure method

• income method

• value added method

• all three methods gives the same vale of national income.

value added means value of :

• output at market price

• output less depreciation

• output less intermediate cost

• output plus intermediate cost

value added by a firm is equal to:

• sales

• profit

• sales- intermediate consumption

• sales+ intermediate consumption

which of the following is not an economic activity and not included in national income?

• medical services rendered by a dispensary

• a housewife doing household work

• a lawyer doing a practice

• a maid working full time with a family

national income is the sum of factor income accruing to:

• nationals

• economic territory

• residents

• both residents and non residents