Question

......
4.... is the market value of all goods and services produced in the count,
(c) Both (a) and (b) (d) None
(c) Both (a) and (b) (d) services
5. The intermediate Goods value are indirectly included in the measuremen
10. According to Economists Tyler and Alex, Final goods and services ....
11. If the .........goods are included in the GDP, it will result in Double counting
1. Choose the correct answer:
1. Your mother is cooking'- In this statement, cooking is
(a) Good (6) Service
2. Goods are
(a) Tangible (6) Intangible
3. Goods and Service has a market
(a) value
(6) price
(c) Both (a) and (6)
(d) to fix a price
(a) GNP
(6) GDP
(c) NNP
(d) NDP
of
(a) GDP
(6) GNP
(c) SGDP
(d) NDP
6. The Goods and Services are measured in terms of ........of that country.
(a) wealth
(6) currency
(c) type
(d) size
7. The ........value is derived from the price at which the Goods and Services
are sold in the market.
(a) currency (6) frequency (c) Nation's
(d) Trade
8. Only those goods and services that has a market value are included in the
(a) GNP
(6) GDP
(c) NNP
9. Imagine your father knows book binding technique and after you get hel
(d) NDP
books for this year, he bounded and gave you. Whether binding charges de
included on the GDP?
(a) Included
(c) Not included
(6) Partially Included
(d) Both (a) and (b)
(a) will be
.......
part of other goods and services.
(b) will not be
(c) fully
(d) None
(a) Final
(b) Intermediate (c) Import
12. Commonly, National Income is called as
(b) GDP
(C) NNP
(d) Export
(a) GNP
(d) PCI​

Answer 1

4.d

5.a

6.a

7.c

8.b

9.d

10.a

11.c

12.c