EASY
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If factor income received from abroad is equal to factor income paid abroad, then which of the following is not a valid statement?

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Important Questions on National Income Accounting

HARD
Which of the following is an example of transfer income?
EASY
Net Domestic Product at Factor Cost is more than National Income when Net Factor Income from Abroad is _____.
EASY
Net domestic product at factor cost is less than national income when:
EASY
The value of gross national product will be greater than gross domestic product when the value of _____ is positive.
EASY
Out of the following, which aggregate represents national income.
EASY

GNPmp _____, NNPmp and NNPfc are four National concepts.

EASY
_____is added in NNPmp to arrive at GNPmp.
HARD
Which of the following are deducted from personal income to find out personal disposable income?
EASY
What adjustments should be made to make NNPfc =GDPmp.
MEDIUM
Market price and factor cost will be equal when there is:
EASY

GDPmp , GDPfc _____ and NDPfc are four Domestic concepts.

MEDIUM
National income includes only _____ goods.
MEDIUM
Net factor income from abroad is negative when income earned from abroad is _____ income paid to abroad.