Question : Which of these is not a flow concept?

Option 1: Profit of a corporation.

Option 2: Output produced by a firm.

Option 3: Interest expense on loan.

Option 4: Number of machines used in a factory.

Question : The value added of a firm is calculated as___________.

Option 1: value of production of the firm - value of intermediate goods used by the firm.

Option 2: value of production of the firm + value of capital goods used by the firm.

Option 3: value of production of the firm / value of intermediate goods used by the firm.

Option 4: value of production of the firm + value of intermediate goods used by the firm.

Question : Which among the following is the correct way to express the change of inventories of a firm during a year?

Option 1: Change of inventories of a firm during a year (value added - intermediate goods used by the firm + sale of the firm during a year)

Option 2: Change of inventories of a firm during a year (value added + intermediate goods used by the firm + sale of the firm during a year)

Option 3: Change of inventories of a firm during a year (value added - intermediate goods used by the firm - sale of the firm during a year)

Option 4: Change of inventories of a firm during a year (value added + intermediate goods used by the firm - sale of the firm during a year)

Question : Which of the following is not a component of investment?

Option 1: In addition to residential construction

Option 2: Money spent on purchasing shares of a company

Option 3: Machinery and equipment employed by a firm

Option 4: Inventories of raw materials stocked by a firm

Question : Which of these statements is correct?

Option 1: The economic wealth of a country does not necessarily depend on the possession of resources.

Option 2: Countries endowed with natural resources are naturally the richest countries.

Option 3: The national income of a country is the total of all its resources.

Option 4: Whether resources are used in generating a flow of output and as a result, income and wealth, is immaterial.

Question : Select the most appropriate option that expresses the given sentence in active voice.
The car was manufactured by the company in a factory overseas.

Option 1: The factory overseas was used by the company to manufacture the car.

Option 2: The company manufactured the car in a factory overseas.

Option 3: The car was being manufactured by the company in a factory overseas.

Option 4: The car was manufactured in a factory overseas by the company.