The difference between GDP and NDP equals:
A) transfer payments
B) net indirect taxes
C) net factor income from abroad
D) depreciation
Correct Answer:
Verified
Q9: A fall in the market demand, supply
Q10: The cost of next best alternative is
Q11: When MC is greater than AC, AC
A)rises
B)falls
C)maximum
D)minimum
Q12: Supply curve represents -------- relationship between quantity
Q13: National Income means:
A)gnp at factor cost
B)gnp at
Q15: Which of the following is true?
A)gnp +
Q16: Which of the following is not a
Q17: An accounting year in India is:
A)calendar year
B)academic
Q18: Increase in real National Income (NI) means
Q19: Net indirect taxes means:
A)indirect taxes plus subsidies
B)income
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