Class XII

water in a stream is a
  1. Flow concept
  2. Non economic concept
  3. Stock concept
  4. Hypothetical concept
Gross Domestic product at market price is the money value of all final goods and services produced during an accounting year with in the domestic territory of a country.
  1. Never
  2. FALSE
  3. Can’t say
  4. 1
Can the net indirect taxes be positive?
  1. Yes
  2. Never
  3. Can’t say
  4. No
Which of the following will you include while estimating national income by income method?
  1. Increase in stocks
  2. Purchase of share
  3. Compensation of employees
  4. Purchase of new car by a household
NNP Fc = GDP mp - depreciation + Net factor income from abroad – Net indirect taxes
  1. Never
  2. FALSE
  3. Can’t say
  4. 1
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