If the general price level goes up by 12% and national income at constant prices increases by 3% then the national income at current prices:

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Question:
If the general price level goes up by 12% and national income at constant prices increases by 3% then the national income at current prices:

1.Increase by 9%

2.Increase by 15%

3.Increase by 12%

4.Increase by 9%

Posted Date:-2021-08-24 05:38:10

More MCQS Questions and answers

  1. Identify the correct statement:
  2. If GNP at market prices is Rs 1200 crore and fixed capital stock is worth Rs 2000 crore which depreciates at the rate of 10% per annum and the net indirect taxes amount is Rs 150 crore. What is the national income?
  3. If net factor income from abroad is zero then:
  4. Income from property is a part of:
  5. Unilateral payments are known as:
  6. Which of the following accounts for the difference between net domestic product at market prices and national income?
  7. Which of the following is deducted while estimating national income by the value-added method?
  8. Which of the following is incorrect?
  9. Which of the following is not a government transfer payment to households?
  10. Which of the following is not included while estimating national income by the expenditure methods?
  11. Domestic incomes refer to incomes which are generated:
  12. For the estimation of private income which of the following items has to be added to national income?
  13. Gross domestic product differs from net domestic product by the amount of:
  14. Net borrowings from abroad are a part of:
  15. Net national product at factor cost is :
  16. Which of the following has to be deducted from the value of output to arrive at the net value added by a producing enterprise?
  17. Which of the following includes interest on national debt?
  18. Which of the following is an example of transfer payment by the Government?
  19. Which of the following is not an example of capital transfers between countries?
  20. Which one is an example of capital transfer within a country?
  21. Aggregate gross receipts means:
  22. If the general price level goes up by 12% and national income at constant prices increases by 3% then the national income at current prices:
  23. Interest on public debt is a part of:
  24. National income differs from the net national product at market prices by the amount of:
  25. Net retained earnings abroad means:
  26. The difference between net national product at market prices and net domestic product at market prices is equal to:
  27. The first estimate of national income in India was made by Dadabhai Naoroji for the year:
  28. The term national income commonly refers to:
  29. The value added method of measuring national income is also known as:
  30. Transfer receipts of the Government include:
  31. Which of the following has to be added to national income to obtain the net national disposable income?
  32. While estimating national income by the income method one of the following is not included. Identify it:
  33. While estimating personal income from national income which of the following items need to be deducted?
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