Define domestic income OR Define domestic product .

Define domestic income OR Define domestic product .
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Define domestic income OR Define domestic product .
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Net domestic product at factor cost is less than national income when :

Description : Net domestic product at factor cost is less than national income when :

Last Answer : Net domestic product at factor cost is less than national income when : A. Net factor income from ... from abroad is zero D. Net exports are positive

Net National Product in National Income Accounting refers to - (1) Gross Domestic Product—Depreciation (2) Gross Domestic Product + Subsidies (3) Gross National Product—Depreciation (4) Gross National Product + Subsidies

Description : Net National Product in National Income Accounting refers to - (1) Gross Domestic Product—Depreciation (2) Gross Domestic Product + Subsidies (3) Gross National Product—Depreciation (4) Gross National Product + Subsidies

Last Answer : (3) Gross National Product-Depreciation Explanation: Net national product at market price is the market value of the output of final goods and services produced at current price in one year of ... the depreciation charges from the gross national product, we get net national product at market price.

The sum total of incomes received for the services of labour, land or capital in a country is called (1) Gross domestic product (2) National income (3) Gross domestic income (4) Gross national income

Description : The sum total of incomes received for the services of labour, land or capital in a country is called (1) Gross domestic product (2) National income (3) Gross domestic income (4) Gross national income

Last Answer : (3) Gross domestic income Explanation: The Gross Domestic Income (GDI) is the total in-come received by all sectors of an economy within a nation. It includes the sum of all wages, profits, ... services), the gross domestic income of a count should exactly equal its gross domestic product (GDP).

Aggregate net value of the output in one year is the - (1) National income at factor cost (2) Gross Domestic Product at market prices (3) Net. National Product at market prices (4) Gross National Product at market prices

Description : Aggregate net value of the output in one year is the - (1) National income at factor cost (2) Gross Domestic Product at market prices (3) Net. National Product at market prices (4) Gross National Product at market prices

Last Answer : (3) Net. National Product at market prices Explanation: Net national product at market price is the market value of the output of final goods and services produced at current price in ... at market price, Net national product at market price=Gross national product at market priceDepreciation.

Gross National Product - Depreciation Allowance =? (1) Per Capita Income (2) Gross Domestic Product (3) Personal Income (4) Net National Product

Description : Gross National Product - Depreciation Allowance =? (1) Per Capita Income (2) Gross Domestic Product (3) Personal Income (4) Net National Product

Last Answer : (4) Net National Product Explanation: Net National product (NNP) is Gross National Product minus a depreciation allowance for the wearing out of machines and buildings during the period. In other words, NNP= ... Since NNP counts only the net additions to the nation's stock, it is less than GNP.

The incomes of Indians working abroad are a part of - (1) domestic income of India (2) income earned from Abroad (3) net domestic product of India (4) gross domestic product of India

Description : The incomes of Indians working abroad are a part of - (1) domestic income of India (2) income earned from Abroad (3) net domestic product of India (4) gross domestic product of India

Last Answer : (3) net domestic product of India Explanation: Domestic Product is the ross money value of all final goods and services produced in the domestic territory of a country during a year. National Product ... by the normal residents of a country during a year. It includes net factor income from abroad.

The best measure to assess a country's economic growth is - (1) per capita income at constant prices (2) per capita income at current prices , (3) gross domestic product at current prices (4) gross national product at current prices

Description : The best measure to assess a country's economic growth is - (1) per capita income at constant prices (2) per capita income at current prices , (3) gross domestic product at current prices (4) gross national product at current prices

Last Answer : (1) per capita income at constant prices Explanation: Gross domestic product (GDP) is the market value of all officially recognized final goods and services produced within a country in a given period ... the aggregate (such as GDP or Gross National Income) and dividing it by the total population.

National Income is the - (1) Net National Product at market price (2) Net National Product at factor cost (3) Net Domestic Product at market price (4) Net domestic Product at factor cost

Description : National Income is the - (1) Net National Product at market price (2) Net National Product at factor cost (3) Net Domestic Product at market price (4) Net domestic Product at factor cost

Last Answer : (2) Net National Product at factor cost Explanation: Net National Product. at factor cost is also called as national income. Net National Product at factor cost is equal to sum total of value added at ... of the flow of output of goods and services produced within an economy over a period of Lime.

The sum total of production of goods and services in the three sectors in a given year is called______. (a) Gross National Income (b) National Income (c) Net Domestic Product (d) Gross Domestic Product

Description : The sum total of production of goods and services in the three sectors in a given year is called______. (a) Gross National Income (b) National Income (c) Net Domestic Product (d) Gross Domestic Product

Last Answer : (d) Gross Domestic Product

What is the sum total of gross value added of all the firms in the country added with the net factor income from abroad? a) Gross Domestic Product b) Gross National Product c) Net Domestic Product d) Net National product

Description : What is the sum total of gross value added of all the firms in the country added with the net factor income from abroad? a) Gross Domestic Product b) Gross National Product c) Net Domestic Product d) Net National product

Last Answer : b) Gross National Product

National Income is the: A. Net National Product at market price B. Net National Product at factor cost C. Net Domestic Product at market price D. Net Domestic Product at factor cost

Description : National Income is the: A. Net National Product at market price B. Net National Product at factor cost C. Net Domestic Product at market price D. Net Domestic Product at factor cost

Last Answer : C. Net Domestic Product at market price

The income level of residents in a country is indicated by _______. A. gross national income. B. gross domestic product. C. per capita gross national income. D. per capita gross domestic product

Description : The income level of residents in a country is indicated by _______. A. gross national income. B. gross domestic product. C. per capita gross national income. D. per capita gross domestic product

Last Answer : C. per capita gross national income.

Which of these is/are not included in net domestic product at factor cost. (a) Wages or compensation of employees ; (b) Rent, interest, profits or operating surplus; (c) Mixed income ; (d) None

Description : Which of these is/are not included in net domestic product at factor cost. (a) Wages or compensation of employees ; (b) Rent, interest, profits or operating surplus; (c) Mixed income ; (d) None

Last Answer : (d) None

The net factor income earned within the domestic territory of a country must be equal to (a) Net Domestic Product at factor cost ; (b) Net Domestic Product at market price; (c) Net National Product at market price ; (d) Personal income.

Description : The net factor income earned within the domestic territory of a country must be equal to (a) Net Domestic Product at factor cost ; (b) Net Domestic Product at market price; (c) Net National Product at market price ; (d) Personal income.

Last Answer : (a) Net Domestic Product at factor cost ;

The difference between Gross National Product (GNP) and Gross Domestic Product GDP) is (a) Excess of subsidies over indirect taxes ; (b) Depreciation ; (c) Net foreign income from abroad (d) Excess of indirect taxes over subsidies

Description : The difference between Gross National Product (GNP) and Gross Domestic Product GDP) is (a) Excess of subsidies over indirect taxes ; (b) Depreciation ; (c) Net foreign income from abroad (d) Excess of indirect taxes over subsidies

Last Answer :  (c) Net foreign income from abroad

Gross National Product – Depreciation Allowance = ? (1) Per Capita Income (2) Gross Domestic Product (3) Personal Income (4) Net National Product

Description : Gross National Product – Depreciation Allowance = ? (1) Per Capita Income (2) Gross Domestic Product (3) Personal Income (4) Net National Product

Last Answer : Net National Product

The incomes of Indians working abroad are a part of (1) domestic income of India (2) income earned from Abroad (3) net domestic product of India (4) gross domestic product of India

Description : The incomes of Indians working abroad are a part of (1) domestic income of India (2) income earned from Abroad (3) net domestic product of India (4) gross domestic product of India

Last Answer : net domestic product of India

Net National Product in National Income Accounting refers to (1) Gross Domestic Product— Depreciation (2) Gross Domestic Product + Subsidies (3) Gross National Product— Depreciation (4) Gross National Product + Subsidies

Description : Net National Product in National Income Accounting refers to (1) Gross Domestic Product— Depreciation (2) Gross Domestic Product + Subsidies (3) Gross National Product— Depreciation (4) Gross National Product + Subsidies

Last Answer : Gross National Product— Depreciation

Aggregate net value of the output in one year is the (1) National income at factor cost (2) Gross Domestic Product at market prices (3) Net National Product at market prices (4) Gross National Product at market prices

Description : Aggregate net value of the output in one year is the (1) National income at factor cost (2) Gross Domestic Product at market prices (3) Net National Product at market prices (4) Gross National Product at market prices

Last Answer : Net National Product at market prices

National Income is the (1) Net National Product at market price (2) Net National Product at factor cost (3) Net Domestic Product at market price (4) Net domestic Product at factor cost

Description : National Income is the (1) Net National Product at market price (2) Net National Product at factor cost (3) Net Domestic Product at market price (4) Net domestic Product at factor cost

Last Answer : Net National Product at factor cost 

The sum total of incomes received for the services of labour, land or capital in a country is called : (1) Gross domestic product (2) National income (3) Gross domestic income (4) Gross national income

Description : The sum total of incomes received for the services of labour, land or capital in a country is called : (1) Gross domestic product (2) National income (3) Gross domestic income (4) Gross national income

Last Answer :  Gross domestic income

The best measure to assess a country’s economic growth is (1) per capita income at constant prices (2) per capita income at current prices (3) gross domestic product at current prices (4) gross national product at current prices

Description : The best measure to assess a country’s economic growth is (1) per capita income at constant prices (2) per capita income at current prices (3) gross domestic product at current prices (4) gross national product at current prices

Last Answer : per capita income at constant prices

In which type of economy , domestic income will be equal to national income ?

Description : In which type of economy , domestic income will be equal to national income ?

Last Answer : In which type of economy , domestic income will be equal to national income ?

If the domestic factor income is ₹ 200 crores and the national income is ₹ 190 crores , how much will be the net factor income from abroad ?

Description : If the domestic factor income is ₹ 200 crores and the national income is ₹ 190 crores , how much will be the net factor income from abroad ?

Last Answer : If the domestic factor income is ₹ 200 crores and the national income is ₹ 190 crores , how much will be the net factor income from abroad ?

When will the domestic income exceed the national income ?

Description : When will the domestic income exceed the national income ?

Last Answer : When will the domestic income exceed the national income ?

Domestic factor income is another name for :

Description : Domestic factor income is another name for :

Last Answer : Domestic factor income is another name for : A. `NDP_(FC)` B. `N NP_(MP)` C. `GDP_(FC)` D. `N NP_(FC)`

In which type of economy , domestic income is equal to national income ?

Description : In which type of economy , domestic income is equal to national income ?

Last Answer : In which type of economy , domestic income is equal to national income ? A. Open Economy B. Closed Economy C. Both (a) and (b) D. Neither (a) nor (b)

Calculate (a) Domestic Income , (b) National Income .

Description : Calculate (a) Domestic Income , (b) National Income .

Last Answer : Calculate (a) Domestic Income , (b) National Income .

Calculate Domestic Income .

Description : Calculate Domestic Income .

Last Answer : Calculate Domestic Income .

Calculate the Domestic Income .

Description : Calculate the Domestic Income .

Last Answer : Calculate the Domestic Income .

Domestic Income of a country can be more than its National Income.

Description : Domestic Income of a country can be more than its National Income.

Last Answer : Domestic Income of a country can be more than its National Income.

Determine the missing items in the following cases : (i) `GNP_(FC) = GNP_(MP)`- ? (ii) ? = National Income - Domestic Income (iii) `GDP_(FC)` = ? + De

Description : Determine the missing items in the following cases : (i) `GNP_(FC) = GNP_(MP)`- ? (ii) ? = National Income - Domestic Income (iii) `GDP_(FC)` = ? + De

Last Answer : Determine the missing items in the following cases : (i) `GNP_(FC) = GNP_(MP)`- ? (ii) ? = ... ) `NDP_(FC) = ?` - Depreciation - Net Indirect Tax

An increase in foreign income generally leads to: a) increased exports, increased domestic output b) decreased exports, increased domestic output c) decreased exports, decreased domestic output d) increased exports, decreased domestic output

Description : An increase in foreign income generally leads to: a) increased exports, increased domestic output b) decreased exports, increased domestic output c) decreased exports, decreased domestic output d) increased exports, decreased domestic output

Last Answer : a) increased exports, increased domestic output Foreign income is brought by exports and leads to further exports in future, and increased exports means increase in domestic output to meet the demand of exports.

(i) Define Tourism. (ii) Give two reasons as to why domestic tourism is an important segment of the tourism industry. -Geography

Description : (i) Define Tourism. (ii) Give two reasons as to why domestic tourism is an important segment of the tourism industry. -Geography

Last Answer : (i) Travelling to less disturbed or polluted natural areas with a view to study, admire and enjoy the beautiful aspects of a place along with the flora and fauna and the cultural ... is called tourism. (ii) Domestic tourism contributes to national integration and creates employment opportunities.

Define national income . OR Define national product .

Description : Define national income . OR Define national product .

Last Answer : Define national income . OR Define national product .

Marketers of Procter & Gamble products define markets on the basis of both volume usage of the product and annual family income. This is an example of which market segmentation approach? A)homogeneous B)multisegement C)variable D)benefit E)multivariable

Description : Marketers of Procter & Gamble products define markets on the basis of both volume usage of the product and annual family income. This is an example of which market segmentation approach? A)homogeneous B)multisegement C)variable D)benefit E)multivariable

Last Answer : E)multivariable

What is the importance of human capital for a country's Gross Domestic Product?

Description : What is the importance of human capital for a country's Gross Domestic Product?

Last Answer : I would just assume it’s because manpower is sorta valuable.

What is Gross Domestic Product ? -SST 10th

Description : What is Gross Domestic Product ? -SST 10th

Last Answer : We calculate GDP to count value of goods and services. It is the market value of final goods and services produced in a country in a year. (i) The final value of goods and services produced in ... . (iv) The sum total of all the final goods and services produced in all the sectors provide GDR

What is GDP (Gross Domestic Product)? -SST 10th

Description : What is GDP (Gross Domestic Product)? -SST 10th

Last Answer : It is the value of final goods and services produced within the domestic territory of a country.

What is GDP? Explain with example the method of calculating Gross Domestic Product. -SST 10th

Description : What is GDP? Explain with example the method of calculating Gross Domestic Product. -SST 10th

Last Answer : G.D.P. is the sum of the money value of final goods and services produced in each sector during a particular year within domestic territory of a country. Only final goods and services are counted ... not correct because then we would be counting the value of the same things a number of times.

“The declining share of agriculture in the Gross Domestic Product (G.D.P.) is a matter of serious concern in India”. -SST 10th

Description : “The declining share of agriculture in the Gross Domestic Product (G.D.P.) is a matter of serious concern in India”. -SST 10th

Last Answer : (i) Indian farmers are facing challenge from international competition. (ii) Government is reducing investment in agricultural sector, especially irrigation sector. (iii) Subsidy in ... are withdrawing their investment from agriculture causing a downfall in the employment in agriculture.

What is gross domestic product?

Description : It's still talked about, but what does it mean?

Last Answer : Financial value (money of some currency) that was produced in a given territory (state, union ...) for a given period (usually a year). In other words, the increase of "wealth."

Which one of the following sectors shows the highest share in Gross Domestic Product (GDP) in India? (a) Primary

Description : Which one of the following sectors shows the highest share in Gross Domestic Product (GDP) in India? (a) Primary

Last Answer : Which one of the following sectors shows the highest share in Gross Domestic Product (GDP) in India? ... (b) Secondary (c) Tertiary (d) Quaternary

Why is gross domestic product at factor cost more than the net domestic product at factor cost ?

Description : Why is gross domestic product at factor cost more than the net domestic product at factor cost ?

Last Answer : Why is gross domestic product at factor cost more than the net domestic product at factor cost ?

When is the net domestic product at market price less than the net domestic product at factor cost ?

Description : When is the net domestic product at market price less than the net domestic product at factor cost ?

Last Answer : When is the net domestic product at market price less than the net domestic product at factor cost ?

Domestic product includes contribution of only resident producers within the domestic territory of the country.

Description : Domestic product includes contribution of only resident producers within the domestic territory of the country.

Last Answer : Domestic product includes contribution of only resident producers within the domestic territory of the country.

When can domestic product be more than national product ?

Description : When can domestic product be more than national product ?

Last Answer : When can domestic product be more than national product ?

Are the following statements true or false ? Give reasons . In a closed economy , gross domestic product is always equal to gross national product .

Description : Are the following statements true or false ? Give reasons . In a closed economy , gross domestic product is always equal to gross national product .

Last Answer : Are the following statements true or false ? Give reasons . In a closed economy , gross domestic product is always equal to gross national product .

What helps raise a country's gross domestic product?

Description : What helps raise a country's gross domestic product?

Last Answer : What helps raise a country's GDP. Is a high literacy-rate. A high literacy rate is a number of people that can read and write in any given county over the age of 14.

The contribution of Agricultural sector to the gross domestic product (GDP) in India in the year 2004-05 has been nearly (A) 25 % (B) 45 % (C) 35 % (D) 55 %

Description : The contribution of Agricultural sector to the gross domestic product (GDP) in India in the year 2004-05 has been nearly (A) 25 % (B) 45 % (C) 35 % (D) 55 %

Last Answer : (A) 25 %