Consider the following statements and identify the right ones.
i. National income is the monetary value of all final goods and services produced.
ii. Depreciation is deducted from gross value to get the net value

Related MCQs

• When depreciation is deducted from GNP, the net value is
• What is the net value of GDP after deducting depreciation from GDP(Gross domestic product)?
• National Income differs from Net National Product at market price by the amount of:
• National Income differs from Net National Product at market price by the amount of:
• Monetary Policy is a regulatory policy by which the ______or monetary authority of a country controls the supply of money, availability of bank credit and cost of money that is the rate of interest:
• Piyush’s mother is a teacher. She also teaches Piyush. How would you treat this white calculating national income and domestic income ?
• Which of the following is not true about final goods ?
• Net national product at factor cost is also known as:
• Which of following is not included in national income ?
• Which of following is not a part of national income?