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Intermediate goods have a derived demand, while final goods have direct demand.

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Important Questions on National Income Accounting

EASY
Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics
Goods purchased for the following purpose are final goods:
MEDIUM
Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics
Which of the following is an example of Non-durable good?
HARD
Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics
Identify the types of investments.
EASY
Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics
Depreciation means:
MEDIUM
Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics
Which of the following flowchart correctly establishes the treatment of Derpreciation?
MEDIUM
Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics
Which of the following is an example of intermediate goods?
EASY
Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics
Depreciation of fixed assets refers to:
MEDIUM
Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics
Intermediate goods are still within the _____ boundary.
MEDIUM
Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics
Which one of the following is an intermediate product?
EASY
Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics
The households receive transfer payments from government and firms.
EASY
Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics
Unforeseen obsolescence of fixed capital assets during production is:
EASY
Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics
Addition to the capital stock of the economy is termed as:
MEDIUM
Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics
Which one of the following is not an example of final goods?
MEDIUM
Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics
In the production of sugar, sugarcane is:
EASY
Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics
_____ goods are used up in a single act of consumption.
MEDIUM
Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics
Which of the following are covered under the domestic territory of India?
MEDIUM
Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics
When _____ is subtracted from gross investment, we get net investment.
EASY
Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics
_____is added in NNPmp to arrive at GNPmp.
MEDIUM
Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics
Identify the factors of production.
EASY
Economics>Macroeconomics>National Income Accounting>Basic Concepts of Macroeconomics
Which of the following is an example of Non-durable good?