MEDIUM
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Market price and factor cost will be equal when there is:

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Important Questions on National Income Accounting

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Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
Which of the following is an example of transfer income?
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Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
Net Domestic Product at Factor Cost is more than National Income when Net Factor Income from Abroad is _____.
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Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
National Income=NDPfc + _____.
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Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
Net domestic product at factor cost is less than national income when:
MEDIUM
Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
_____ income is a receipt concept.
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Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
The value of gross national product will be greater than gross domestic product when the value of _____ is positive.
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Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
Out of the following, which aggregate represents national income.
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Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities

GNPmp _____, NNPmp and NNPfc are four National concepts.

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Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
_____is added in NNPmp to arrive at GNPmp.
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Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
NDPfc is also known as_____ income.
HARD
Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
Which of the following are deducted from personal income to find out personal disposable income?
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Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
What adjustments should be made to make NNPfc =GDPmp.
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Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
NNPFC= GNPMP- _____ -Depreciation.
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Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
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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Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities

GDPmp , GDPfc _____ and NDPfc are four Domestic concepts.

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Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
Factor income is received by _____.
MEDIUM
Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
National income includes only _____ goods.
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Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
NNPfc is also known as_____ income.
MEDIUM
Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
Net factor income from abroad is negative when income earned from abroad is _____ income paid to abroad.
HARD
Economics>Macroeconomics>National Income Accounting>Macroeconomic Identities
Identify the types of investments.