Quiz 5 on National Income

GNP at MP = ______

• GDPMP + Depreciation

• GDPMP ÷ Depreciation

• GDPMP – Depreciation

• GDPMP + Net factor income from abroad

NNPMP = ________

• GNPMP – Depreciation

• NDPMP + Net factor income from abroad

• NNPFC + Net indirect taxes

• All of these

NDPFC =

• GDPFC – Indirect taxes

• GDPFC – Depreciation

• GDPFC + Economic subsidy

• All of these

NNPFC =

• GNPFC – Depreciation

• NNPMP + Economic subsidy – Indirect taxes

• NDPMP + Net factor income from abroad

• All of these

Calculation of National Income at Market Prices is known as _________

• Real income

• Non-monetary income

• Nominal income

• None of these

Increase in Stock of Capital is known as:

• Capital Loss

• Capital Profit

• Capital Formation

• None of these

Which service is included in Tertiary Sector?

• Mining

• Construction

• Communication

• Animal Husbandry

The market price of all final goods of a country in a year is known as:

• GDPFC

• NNPFC

• NNPMP

• GDPMP

Which one is true?

• GNP = GDP + Depreciation

• NNP = GNP + Depreciation

• NNP = GNP – Depreciation

• GNP = NNP – Depreciation

Depreciation expenses are included in:

• NDPMP

• NNPMP

• NNPFC

• None of these