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Chapter:

50+ National Income Solved MCQs

in Business Economics Macro

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Commerce (B Com) .

Chapters

Chapter: National Income
51.

Net national product at factor cost is also known as:

A. Net Domestic product
B. Gross National product
C. National Income
D. Personal Income
Answer» C. National Income
52.

In GNP calculation which of the following should be excluded?

A. Rental incomes
B. Interest payments
C. Dividends
D. Government transfer payment
Answer» D. Government transfer payment
53.

National Income differs from Net National Product at market price by the amount of:

A. Current transfers from rest of the world
B. Net Indirect Taxes
C. National debt interest
D. it does not differ
Answer» B. Net Indirect Taxes

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