Multiple Choice
Which statement is true?
A) national expenditure = national income
B) national expenditure = national income + national savings
C) national expenditure = national income + taxes
D) national expenditure = national income - taxes
Correct Answer:

Verified
Correct Answer:
Verified
Q13: Consider the following statements and identify the
Q14: If savings exceed investment then:<br>A)national income rises<br>B)national
Q15: To avoid double counting when GDP is
Q16: If we compare GDP and GNP, then:<br>A)gnp
Q17: Which is the largest figure:<br>A)nnp<br>B)gnp<br>C)pi (disposable personal
Q18: Which sector contributes the most to India's
Q19: This statement is true<br>A)ni = rent +
Q20: There are methods of measuring national income:<br>A)5<br>B)2<br>C)1<br>D)3
Q22: Which is not added in the calculation
Q23: Which Ministry is responsible for calculating GDP