Question : Which of the following is a measure of the total output produced by an economy?

 

Option 1: GDP

Option 2: GNP

Option 3: NDP

Option 4: NNP

Question : Which of the following is not a measure of national income?

Option 1: Gross Domestic Product (GDP)

Option 2: Gross National Product (GNP)

Option 3: Net National Product (NNP)

Option 4: Net Domestic Product (NDP)

Question : Which of the following is a measure of the average income per person in a country?

Option 1: GDP per capita

Option 2: GNP per capita

Option 3: NDP per capita

Option 4: NNP per capita

Question : Which of the following is a measure of national income that takes into account the value of goods and services produced by a country's citizens abroad?

Option 1: Gross Domestic Product (GDP)

Option 2: Gross National Product (GNP)

Option 3: Net Domestic Product (NDP)

Option 4: Net National Product (NNP)

Question : Which of the following is a measure of national income that takes into account the value of goods and services produced by a country's residents both domestically and abroad?

Option 1: Gross Domestic Product (GDP)

Option 2: Gross National Product (GNP)

Option 3: Net Domestic Product (NDP)

Option 4: Net National Product (NNP)

Question : Which of the following is a measure of national income that takes into account the value of goods and services produced by a country's residents both domestically and abroad?

Option 1: Gross Domestic Product (GDP)

Option 2: Gross National Product (GNP)

Option 3: Net Domestic Product (NDP)

Option 4: Net National Product (NNP)