
National Income and Its Components
Interactive Video
•
Economics, Social Studies
•
10th - 12th Grade
•
Hard

Amelia Wright
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is national income commonly referred to as?
National Income
Economic Output
National Revenue
Gross Domestic Product
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a benefit of calculating national income?
Understanding economic structure
Guiding government policy
Predicting weather patterns
Comparing economies
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the quality of human resources affect national income?
It only affects GDP
It increases national income
It has no effect on national income
It decreases national income
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which factor is NOT mentioned as influencing national income?
Human resources
Technological advancement
Natural resources
Capital availability
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does GDP stand for?
Gross Domestic Product
General Domestic Product
Gross Development Product
Global Domestic Product
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the difference between GDP and GNP?
GDP includes foreign income, GNP does not
GNP is always higher than GDP
GNP includes foreign income, GDP does not
GDP and GNP are the same
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is NNP calculated from?
GDP plus depreciation
GNP minus depreciation
GDP minus taxes
GNP plus taxes
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