Question : Gross National Product - Depreciation Allowance = ?

Option 1: Per capita Income 

Option 2: Gross Domestic Product 

Option 3: Pesonal Income 

Option 4: Net National Product 

Question : If we deduct depreciation from GNP (gross national income), the measure of aggregate income that we obtain is called _____________.

Option 1: Gross Domestic Product at market prices

Option 2: Gross Domestic Product

Option 3: Net National Product

Option 4: Personal income

Question : What is the Net National Product?

Option 1: The product of gross national product and depreciation is net national product.

Option 2: The sum of gross national product and income of foreigners is net national product.

Option 3: Net National product is equal to gross national product.

Option 4: The difference between gross national product and depreciation is net national product.

Question : Personal disposable income (PDI) can be defined as ______.

Option 1: Personal Income (PI) + Personal tax payments + Non-tax payments

Option 2: Personal Income (PI) + Personal tax payments – Non-tax payments

Option 3: Personal Income (PI) – Personal tax payments – Non-tax payments

Option 4: Personal Income (PI) – Personal tax payments + Non-tax payments

Question : If 35% of A's income is equal to 25% of B's income, then the ratio of A's income to B's income is:

Option 1: 7 : 5

Option 2: 5 : 7

Option 3: 4 : 7

Option 4: 4 : 3