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Economics Past Questions and Answers

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Economics Questions

Question 4801:

National income estimation becomes difficult because of:

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A Non-monetized transactions
B Excess industrial expansion
C Population stability levels
D High export performance

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Question 4802:

Which activity is excluded from GDP calculations?

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A Banking services production
B Agricultural crop production
C Transfer payment activities
D Factory production output

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Question 4803:

Which of the following best explains depreciation?

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A Wear and tear of assets
B Increase in labour productivity
C Increase in national output
D Growth in export activities

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Question 4804:

Per capita income means:

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A Average income per person
B Total government revenue
C Income from exports only
D National profit level

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Question 4805:

One major problem of measuring national income is:

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A Increase in export earnings
B Abundant labour supply
C Incomplete statistical records
D Excess industrial growth

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