Question : Which of the following is not included in the calculation of national income?

Option 1: Wages earned by foreign nationals in the country

Option 2: Interest income earned by domestic residents from foreign investments

Option 3: Profit earned by domestic firms in foreign countries

Option 4: Payments for goods and services in the underground economy

Question : Which of the following is not included in domestic income?

Option 1: Income earned by the residents of the country

Option 2: Income earned by non-residents outside the country

Option 3: Income earned by all the employees of the country

Option 4: Profit of all the industries of the country

Question : Which of the following is not included in the calculation of national income?

Option 1: Payments for government transfer programs

Option 2: Interest income earned by domestic residents from foreign investments

Option 3: Profit earned by domestic firms in foreign countries

Option 4: Payments for goods and services in the underground economy

Question : Which of the following represents the income earned by residents of a country, whether within the country or 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 : When calculating national income, which of the following is considered part of the domestic territory?

Option 1: Foreign embassies within the country

Option 2: International airports located in the country

Option 3: Offshore oil rigs owned by domestic companies

Option 4: Foreign military bases within the country