Question : Gross Domestic Product (GNP) - Depreciation allowances = ____________.

Option 1: National Income

Option 2: Net Domestic Product (NDP)

Option 3: Net National Product (NNP)

Option 4: Gross National Product (GNP)

Question : If exports equal imports, then which of the following relations will be true?

Option 1: Gross Domestic Product (GDP) = Gross National Product (GNP)

Option 2: Gross Domestic Product (GDP) > Gross National Product (GNP)

Option 3: Gross Domestic Product (GDP) < Gross National Product (GNP)

Option 4: None of these 

Question : What is the full form of GNI?

Option 1: Gross National Interest 

Option 2: Gross National Income

Option 3: Gross Net Interest

Option 4: Gross Net Income

Question : Which of the following identities is correct regarding Gross National Product (GNP)?

Option 1: GNP = GDP (Gross Domestic Product) + Factor income earned by the domestic factors of production employed in the rest of the world + Factor income earned by the factors of production of the rest of the world employed in the domestic economy.

Option 2: GNP = GDP – Factor income earned by the domestic factors of production employed in the rest of the world – Factor income earned by the factors of production of the rest of the world employed in the domestic economy.

Option 3: GNP = GDP + Factor income earned by the domestic factors of production employed in the rest of the world – Factor income earned by the factors of production of the rest of the world employed in the domestic economy.

Option 4: GNP = GDP – Factor income earned by the domestic factors of production employed in the rest of the world + Factor income earned by the factors of production of the rest of the world employed in the domestic economy.

Question : The ratio between the nominal and real GDP is called ____.

Option 1: Net national income

Option 2: Value added GDP

Option 3: Green GDP

Option 4: GDP deflator