Question : GNP at MP less ___________ gives us GDP at MP.

Option 1: depreciation

Option 2: indirect taxes

Option 3: Net Factor Income from Abroad

Option 4: subsidies

Question : NDP at FC plus net factor income from abroad is equal to

Option 1: NNP at MP

Option 2: NNP at FC

Option 3: GDP at FC

Option 4: GNP at MP

Question : NDP_FC = ? - Depreciation - Net Indirect taxes.

Option 1: GNP_MP

Option 2: GNP_FC

Option 3: GDP_MP

Option 4: GDP_FC

Question : In the estimation of national income, which of the following items will be subtracted from Net national product (NNP) at market price?

Option 1: Depreciation

Option 2: Net product taxes and net production taxes

Option 3: Net indirect taxes

Option 4: Depreciation and net product taxes

Question : Which of the following is the incorrect sequence of national income from broader to narrower concepts?

Option 1: GNP at market prices - NNP at factor cost - NNP at market prices - GNP at factor cost

Option 2: GNP at market prices - NNP at market prices - NNP at factor cost - Personal income

Option 3: NNP at factor cost - Personal income - Personal disposable income

Option 4: GNP at factor cost - NNP at factor cost - Personal income - Personal disposable income