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Worksheetsmacroeconomic identities
Total questions: 9
Worksheet time: 4mins
The total value of final goods and services produced within the country during a year is called __________
GDP
NDP
NNP
GNP
C + I+ G+ net export (X-M)= ____________
GNP
NNP
GDP
NDP
the money value of all final goods and services produced by the residents of India whether they are allocated within the national boundary or abroad is called_______________
GDP
GNP
NNP
NNP = GNP ± adjustments
+DEP
NFIA
NIT
- DEP
___________________is the aggregate money value of all the goods and services produced within the country minus depreciation.
NNP
NDP
GNP
GDP
personal income is that part of national income which is received by _________________.
FIRM
GOVERNMENT
HOUSEHOLD
NI – undistributed profit- net interest payment made by household – corporate tax + transfer payment to the household from the govt and firms = __________________________
PRIVATE INCOME
NATIONAL INCOME
GOVERNMENT INCOME
PERSONAL INCOME
______________________ = national income divided population.
national income
per capita income
private income
personal income
personal income includes_________________
direct taxes
indirect taxes
