3 Questions
Which one of these accurately describes GNP?
The market value of all final goods and services produced by a country, including income from foreign sources.
Which one of these accurately describes PI?
The income received by a country's people from all sources.
Which one of these accurately describes NNP?
The value of final goods and services minus the value of worn-out capital goods.
Test your knowledge on national income accounting and learn about GNP, NNP, NI, PI, and DPI in this informative quiz. Discover the importance of these concepts in measuring a country's economic performance and understand how they are calculated.
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