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Wednesday, 01 July 2026
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Economics Past Questions and Answers

Economics Questions

Question 4796:
Which factor is subtracted from GDP to obtain NDP?
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  • A Government expenditure
  • B Indirect taxation fully
  • C Depreciation allowance
  • D Export earnings only
View Answer & Explanation
Question 4797:
GDP excludes:
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  • A Banking service activities
  • B Newly manufactured products
  • C Agricultural production output
  • D Second-hand goods resale
View Answer & Explanation
Question 4798:
GDP at factor cost excludes:
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  • A Wages and salaries
  • B Agricultural production value
  • C Indirect taxes imposed
  • D Production activities fully
View Answer & Explanation
Question 4799:
Which method adds wages, rent, interest, and profit?
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  • A Production restriction method
  • B Population analysis method
  • C Climatic survey method
  • D Income approach method
View Answer & Explanation
Question 4800:
One limitation of national income statistics is:
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  • A Underground economy exclusion
  • B Accurate welfare measurement
  • C Inclusion of all activities
  • D Perfect statistical records
View Answer & Explanation

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