Question : _____________ is used for comparing the national income of different years.
Option 1: National income at current prices
Option 2: National income at constant prices
Option 3: Nominal national income
Option 4: None of the above
Correct Answer: National income at constant prices
Solution :
Question : ______________- shows the change in price levels between two different time periods.
Question : Which of the following statement are true?
Question : ___________________ is the money value of final goods and services produced by the nominal resident of a country in a year, measured at this year‘s price.
Question : ____________________ is the money value of final goods and services produced by normal resident of a country in an year, measured at the prices of current year.
Question : Which of the following statements are true?
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