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National Income Aggregates & GDP · Question 19 of 69

Match each adjustment with the change it makes.

Question 19

MediumOriginal question

Match each adjustment with the change it makes.

List IList II
A. Subtract depreciationI. Market price to factor cost
B. Add NFIAII. Gross to net
C. Subtract net indirect taxesIII. Nominal to real
D. Divide by the price index and multiply by 100IV. Domestic to national
Options for question 19

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. Each pair of words in an aggregate's name is changed by one adjustment.

Concept
Four adjustments
Typical time
90 s
Your time
—
The rule this testsGross and net
Practise this chapter →

Ten questions from National Income Aggregates & GDP, at your own pace.

Practise this chapter →

Ten questions from National Income Aggregates & GDP, at your own pace.