Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: National Income Accounting

Question:

Match the following:

Options:

i-d, ii-a, iii-c, iv-b

i-d, ii-a, iii-b, iv-c

i-d, ii-c, iii-a, iv-b

i-d, ii-b, iii-a, iv-c

Correct Answer:

i-d, ii-a, iii-c, iv-b

Explanation:

The correct answer is Option 1: i-d, ii-a, iii-c, iv-b

(i-d) GDP at market prices is GDP at factor cost + Indirect Taxes – Subsidies.
(ii-a) Change in stock is opening stock subtracted from closing stock.
(iii-c) Income from self-employed person is mixed income.
(iv-b) Stock concepts mean things at a particular point of time.