Economics · National Income
Match the concepts in Column A with their respective descriptions in Column B: Column A: a. Gross National Product (GNP) b. Net National Product (NNP) c. Personal Income (PI) d. Disposable Personal Income (DPI) Column B: 1. Annual income received by individuals from all sources in a given period 2. Income remaining with individuals after the payment of personal direct taxes 3. Total monetary value of the national output produced by residents of a country 4. Net production of goods and services during the year after deducting depreciation
- 1a-4, b-3, c-2, d-1
- 2a-3, b-4, c-1, d-2✓
- 3a-3, b-1, c-2, d-4
- 4a-2, b-1, c-3, d-4
Correct answer
a-3, b-4, c-1, d-2
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