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Standard XII
Economics
NDP and NNP
NNPfc is the ...
Question
N
N
P
f
c
is the most precise measure of national income.
A
False
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B
True
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Q.
Distinguish between:
Output method of measuring national income and Income method of measuring national income.
Q.
Answer the following questions:
1) What is double counting of national income?
2) What are the features of national income?
3) Explain the concept of Gross domestic product at market prices.
4) State the precautions while using expenditure method to measure national income.
5) Explain the income method of measuring national income.
Q.
National income is one of the most important attributes for comparing the development of countries but is still not a very useful measure.
Q.
How is per capita income a better measure of development than the national income?
Q.
What is National Income? Discuss the theoretical or conceptual difficulties in the measurement of national income.
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