National Income Accounting Class 12 MCQs Questions with Answers

1. GNP at MP = ______

2. NNPMP = ________

3. Which of the following is the method of measuring National Income?

4. The subject of the Study of Macro Economics is:

5. If for a country net factor income from abroad is negative then:

6. Which of the following is included in real flow?

7. GDPFC =

8. Which one is included in the three-sector model?

9. Increase in Stock of Capital is known as:

10. Who had made the first attempt at National Income Accounting?

11. Which services are provided by families to a firm?

12. Which is the equilibrium condition of circular flow in the four sector model?

13. Which of the following items are excluded from GNP measurement?

14. The market value of all final goods and services produced in an economy over a year is called :

15. NDPMP = ________

16. Which one is included in National Income?

17. Why are the intermediate goods not included in the National Income while measuring National Income?

18. Calculation of National Income at Market Prices is known as _________

19. What is the consumption of fixed capital called?

20. Production enterprises are divided in: