Output means. ……………unless stated otherwise
A) gross output at mp (gdpmp)
B) net output at mp
C) gross output at fc
D) none
Correct Answer:
Verified
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 +
Q18: Which Ministry is responsible for calculating GDP
Q19: How much does the primary sector contribute
Q20: Which sector contributes the most to India's
Q21: If the contribution of the agricultural sector
Q22: Which is not added in the calculation
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