quiz 1 macro economics

A person who uses and buys goods and services 

• money 
• producer 
• consumer 
• economics 

The value of all the final goods and services produced within a nation in a given year.

• Gross Domestic Product
• per capita GDP
• Gross National Product

An increase in the value of currency is called

• appreciation
• depreciation
• trade surplus
• exchange rate

Net Domestic Product means 

• Gross Domestic Product + Depreciation

• Gross Domestic Product - Depreciation

National income at constant prices is known as

• nominal income

• real income

  how many  methods are there to measure national income? 

• 2

• 3

how many sectors are in the given picture?

• 2

• 3