Question : According to ___________________, factor of production by the way of wages, profit, rent, interest etc are summed up to obtain the national income.

Option 1: Income method

Option 2: Expenditure method

Option 3: Value added method.

Option 4: All of the above.

Question : _________________ measures national income from the perspective of factor income.

Option 1: Value added method.

Option 2: Income method.

Option 3: Expenditure method.

Option 4: All of the above.

Question : According to ________________ of national income, national income is the sum total of final expenditure incurred by households, business firm, government and foreigners.

Option 1: Expenditure method

Option 2: Income method

Option 3: Value added method

Option 4: Output method.

Question : National income can be measured by ________________. 

Option 1: Value added method

Option 2: Income method

Option 3: Expenditure method

Option 4: All of the above.

Question : ____________________ method shows contribution of each producing unit in the production process.

Option 1: Value added method

Option 2: Income method

Option 3: Expenditure method

Option 4: All of the above.

Question : The GDP estimation method measuring the aggregate value of factor payments is called ______.

Option 1: product method

Option 2: Value added method

Option 3: expenditure method

Option 4: income method