National income is the ……………. Of all the goods and services produced by a country during a period of year

Related MCQs

• GPD is the money value of final goods and serviced produced in the…………. Of a country during an accounting year
• An individual is spending his entire income on two items A and B equally. If income elasticity of A is 4 what is income elasticity of B
• If an individual is spending his entire income on two items A and B in the ratio of 60:40. If income elasticity of A is 5 what is income elasticity of B
• A goods can be considered inferior goods in economics if increase in disposal income of the consumer causes
• A goods can be considered a normal goods in economics if increase in disposal income of the consumer causes
• ……………… is an index of price change for goods and services included in GDP
• Which of the following function does money serve when used to measure the prices of different goods and services?
• Which of the following function does money serve when used to purchase or sell different goods and services?
• Typical differences between goods and services do not include
• Which is not true regarding differences between goods and services?