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CSS :: National Income


81.  Which statement is true?
A. Nationl Expenditure = National income B. Nationl Expenditure = National income + National savings
C. Nationl Expenditure = National income + Taxes D. Nationl Expenditure = National income - Taxes

82.  Which statement is true?
A. National Income = National expenditure - indirect taxes B. NI = GNP - NNP
C. NI = NNP - indirect taxes D. NI = PI

83.  There are methods of measuring national income:
A. 5 B. 2
C. 1 D. 3

84.  If we compare GDP and GNP, then:
A. GNP = GDP - net income from abroad B. GNP = GDP + net income from abroad
C. GNP = NNP - net income from abroad D. GNP = NNP + net income from abroad

85.  It is deducted from GNP to get NNP:
A. Indirect taxes B. Depreciation
C. Direct taxes D. Transfer payment

86.  It is added to GDP to get GNP
A. Depreciation allowance B. Direct taxes
C. Subsidies D. Net income from abroad

87.  Select the correct statement:
A. Transfer payment are included in national income B. Depreciation allowance is a part of GNP
C. Taxes are not included in NNP D. GDP means Gross Direct Production

88.  Which is the largest figure:
A. NNP B. GNP
C. DPI D. PI

89.  Which is a flow concept:
A. Number of my shirts B. My total wealth
C. My monthly income D. Money supply

90.  To avoid double counting when GDP is estimated, economists:
A. Use GDP deflator B. Calculte value added at each stage of production
C. Use retail prices D. Use price of only intermediate goods




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