Calculating National Income

IMPORTANT

Calculating National Income: Overview

This topic covers concepts such as, Calculating National Income etc.

Important Questions on Calculating National Income

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Other Subjects>National Income and Related Aggregates>Calculating National Income> Q 1

What is the correct way to calculate Net National Product (NNP) at market prices?

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Other Subjects>National Income and Related Aggregates>Calculating National Income> Q 2

Which of the following is included in the calculation of national income using the production method?

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Other Subjects>National Income and Related Aggregates>Calculating National Income> Q 3

In the expenditure method of calculating national income, which of the following is NOT included?

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Other Subjects>National Income and Related Aggregates>Calculating National Income> Q 4

What is the formula for calculating Gross Domestic Product (GDP) at market prices using the income method?

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Other Subjects>National Income and Related Aggregates>Calculating National Income> Q 5

Which method of calculating national income involves summing up the incomes received by all the factors of production?

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Other Subjects>National Income and Related Aggregates>Calculating National Income> Q 6

Which of the following is included in the estimation of National Income?

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Other Subjects>National Income and Related Aggregates>Calculating National Income> Q 7

Economic variables such as 'National Income' and 'profits' can be classified under which of the following heads?

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Other Subjects>National Income and Related Aggregates>Calculating National Income> Q 8

National Income can also be called: