Which is a flow concept:
A) number of my shirts
B) my total wealth
C) my monthly income
D) money supply
Correct Answer:
Verified
Q7: Which statement is true?
A)national expenditure = national
Q8: There are methods of measuring national income:
A)5
B)2
C)1
D)3
Q9: If we compare GDP and GNP, then:
A)gnp
Q10: Select the correct statement:
A)transfer payment are included
Q11: Which is the largest figure:
A)nnp
B)gnp
C)pi (disposable personal
Q13: To avoid double counting when GDP is
Q14: Personal income includes:
A)direct taxes
B)indirect taxes
C)depreciation
D)none of these
Q15: Personal income includes:
A)transfer payments
B)indirect taxes
C)depreciation
D)all of the
Q16: If savings exceed investment then:
A)national income rises
B)national
Q17: This statement is true
A)ni = rent +
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents