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WorksheetsNational Income
Total questions: 10
Worksheet time: 4mins
National income does not include_____
Wages and salaries
Rent and Royalty
Student scholarship
Corporate Tax
Q.Which of the following is not the part of profit?
Dividend
Undistributed profit
Corporate tax
Royalty
Which of the following is an intermediate good
Bread
Leather
Cloth
Shoes
Which of the following is a flow?
Population
Births and deaths
Water in a tank
None of these
How many approaches in calculating national income?
4
3
2
1
Which one of the following is not included in NI?
Old age pension
retirement pension
wages
bonus
The national income is
a. NNP at factor cost
b. NNP at market price
c. GNP at market price
d. GNP at factor cost
When a nation's exports exceed its imports and is calculated as exports - imports
trade surplus
trade deficit
inventory
gross domestic product
Which is an example of a final good or service
Coffee Beans at Starbucks
T-Shirt at Polo Store
Lumber at furniture store
Wheat at a bakery
What is depreciation?
Capital loss
Fixed capital loss
Consumption of fixed capital
None
