Match each item with how national income treats it.

Match each item with how national income…

Question 52

MediumOriginal question

Match each item with how national income treats it.

List I	List II
A. Brokerage paid on buying shares	I. Included: compensation in kind
B. Price paid for the shares	II. Excluded: a transfer
C. Unemployment allowance	III. Excluded: a financial asset
D. Free meals given to a factory's workers	IV. Included: a service produced

A-IV, B-III, C-II, D-ICorrect answerYour answerA-IV, B-II, C-I, D-IIICorrect answerYour answerA-II, B-IV, C-III, D-ICorrect answerYour answerA-I, B-III, C-II, D-IVCorrect answerYour answer

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CorrectNot quiteAnswer A

Correct answer: A

The broker produces a service; the shares only change owners.
The allowance is a transfer; free meals are part of what workers earn.

Concept: Included and excluded
Typical timeTypical: 90 s
Your timeYours: —

The rule this testsWhat is counted and what is not

Practise this chapter →

Ten questions from Measuring National Income, at your own pace.

Practise this chapter →

Ten questions from Measuring National Income, at your own pace.

Question 52

Explanation