CSS :: National Income Accounting
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81. |
Domestic incomes refer to incomes which are generated: |
A. |
By all the producers within the geographical territory of the country |
B. |
By resident producers only |
C. |
In the household sector |
D. |
In cottage industries |
Answer: Option A
Explanation:
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82. |
If the general price level goes up by 12% and national income at constant prices increases by 3%, then the national income at current prices: |
A. |
Increase by 9% |
B. |
Increase by 15% |
C. |
Increase by 12% |
D. |
Increase by 9% |
Answer: Option B
Explanation:
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83. |
Gross domestic product differs from net domestic product by the amount of: |
A. |
Government income from property |
B. |
Net indirect taxes |
C. |
Consumption of fixed capital |
D. |
Net capital formation |
Answer: Option C
Explanation:
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