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Economic

Authored by JOAN GACULA

Social Studies

9th Grade

Used 1+ times

Economic
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

refers to the fund for depreciation intended for buying new machineries and facilities.

Indirect Business Taxes

Capital Consumption Allowance

Factor Income Approach

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Estimated income received by an individual when the total population is divided by the total production of the country

National Income Distribution

Income

Per Capita Income

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Value of the goods depends on the contribution of every sector

Entrepreneurial Income

Factor Income Approach

Industrial Origin Approach

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Refers to the total market value of goods and services produced within the country in a given period of time.

GDP

GNP

GNI

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Measured through the market value or the price of the goods and services in the market

Nominal and Real GNP/GNI

Potential and Actual GNP/GNI

Gross Domestic Product

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Refers to how the national income is divided among al sectors of the economy

(a)  

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

It is the money received by an individual as payment for producing goods and services

(a)  

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