[Quiz] Economics - National Income

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1. GDP - Gross Domestic Product is
   
   1.  Total values of Domestic Animals and Domestic Airport within the Country
   2.  Total values of Goods produced within the Country
   3.  Total values of Services produced within the Country
   4. Total values of Goods and Services produced within the Country
   
   
2. Disposable Personal Income
   
   1.  Personal income
   2.  Personal income - Indirect Taxes
   3.  Personal income - Direct Taxes
   4.  Amount Spent in Hospital Expenses 
   
   
3. The most suitable way of calculating National Income in Service Sector
   
   1.  Production Method
   2.  Product Method
   3. Income Method
   4.  Consumption Method
   
   
4. In Lorentz Curve the value '1' indicates
   
   1.  High Level Standard of Living
   2.  Perfect Equality
   3.  Perfect Inequality
   4.  Perfect Equality and Perfect Inequality
   
   
5. NNP - Net National product is
   
   1.  GDP - Depreciation
   2.  GDP + Net factor Income - Depreciation
   3.  GDP + Net factor Income
   4.  GDP + Depreciation

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