National Income and Economic Performance Quiz

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5 Questions

What is the modern economy primarily based on?

What is Gross National Product (GNP) defined as?

How is national income of a country typically expressed?

What does GDP stand for?

What does NI stand for in the context of national income?

Description

Test your knowledge on national income, inflation, business cycles, and demonetization with this quiz. Explore concepts such as GDP, GNP, NI, PDI, inflation types and effects, business cycle phases, and the impact of demonetization. Brush up on your understanding of national income and economic performance in this comprehensive quiz.

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