National Income is essentially composed of ?

Related Mcqs:

What is called a country’s total financial obligations to the rest of the world ?

A. Total dept B. Debt burden C. National liabilities D. External debt...

Name a default on debt and obligations by a major financial institution that disrupts the stability of the economic system ?

A. Debt blast B. Debt bomb C. Bad debt D. None of them...

Term the group of countries that have removed all restrictions on trade among themselves?

A. Close-Trade zone B. Free-trade zone C. Both of them D. None of them...

The sum of total income received for the services of labor, land or capital in a country is called?

A. Gross domestic product B. National income C. Gross domestic income D. Gross national income...

Term the interchange of commodities across political frontiers without restriction such as tariffs, quotas, or foreign exchange controls ?

A. Open trade B. Free trade C. Open sky trade D. Easy trade...