Q. When depreciation is deducted from GNP, the net value is Net national productNet domestic productGross national productDisposable income Answer: Net national product
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Q. The value of NNP at consumer point is called the NNP at factor costNNP at market priceGNP at market priceGNP at factor cost Answer: NNP at market price
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Q. The value of NNP at production point is called NNP at factor costNNP at market priceGNP at market priceGNP at factor cost Answer: NNP at factor cost
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Q. The value of national income adjusted for inflation is called Per capita incomeDisposable incomeInflation rateReal national income Answer: Real national income
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Q. The average income of a country is called Per capita incomeDisposable incomeInflation rateReal national income Answer: Per capita income
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