When national income is calculated with reference to a base year, it is called:

Related MCQs

• Which among the following are the factors that determine the national income of a country?
• Income elasticity of demand is defined as the responsiveness of:
• What is Disposable Personal Income?
• The most simple and popular method of measuring economic development is to calculate the trend of gross national product (GNP) at __________
• The cost of one thing in terms of the alternative given up is called:
• Financial activities done by bank is called _____.