6 Questions
How is national income typically expressed?
In monetary terms, such as dollars or euros
What is the primary focus of a five year plan?
Economic development and growth
Which of the following is NOT included in the calculation of national income?
Investment in stock markets
What is NOT an objective of a five year plan?
Minimizing international trade
What does national income measure?
The total value of goods and services produced in a country
Which factor is considered in the formulation of a five year plan?
Economic resources and infrastructure
Test your knowledge on national income and five year plans. This quiz covers concepts such as how national income is expressed, the main focus and objectives of a five year plan, as well as what factors are considered in their formulation.
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