National Income

Contents

#1. If a country's GDP increases while its population decreases, what is likely to happen to the per capita GDP?

#2. Net National Product (NNP) is calculated by subtracting:

#3. Which of the following is considered an intermediate good?

#4. Which of the following is a component of gross private domestic investment?

#5. In the national income accounts, indirect taxes minus subsidies are known as:

#6. The income earned by individuals and businesses that is not used for consumption or taxes is known as:

#7. Which of the following is considered an intermediate good?

#8. Net National Product (NNP) is calculated by subtracting:

#9. Which of the following is NOT included in the calculation of GDP?

#10. If a country's GDP is $500 billion, and its population is 100 million, what is the per capita GDP?

#11. If a country's GDP is $500 billion, and its population is 100 million, what is the per capita GDP?

#12. What is the formula for calculating GDP using the expenditure approach?

#13. The income earned by individuals and businesses that is not used for consumption or taxes is known as:

#14. Which of the following is included in the calculation of Gross National Product (GNP) but not in Gross Domestic Product (GDP)?

#15. In the national income accounts, indirect taxes minus subsidies are known as:

#16. The sum of all final goods and services produced within a country's borders in a specific time period is known as:

#17. Which component of national income represents the total income earned by residents of a country, including income from abroad?

#18. National income accounting measures the:

#19. If a country's GDP increases while its population decreases, what is likely to happen to the per capita GDP?

#20. What is the primary measure of national income?

#21. Disposable income is calculated by subtracting which of the following from personal income?

#22. Which of the following is a component of gross private domestic investment?

#23. Disposable income is calculated by subtracting which of the following from personal income?

#24. The sum of all final goods and services produced within a country's borders in a specific time period is known as:

#25. Which component of national income represents the total income earned by residents of a country, including income from abroad?

Finish

Results

-