Question : Which of the following statement are true?

National income at current price is not suitable for comparing the national income of different years.

National income at constant price is not used for comparing the national income of different years.

National income at current price does not show the true picture of economic growth.

National income at constant price does not shows the true pictures of economic growth.

Option 1: 1&3

Option 2: 2&4

Option 3: All of the above given statements are true.

Option 4: None of the given statements are true.

Question

Question : Which of the following statement are true?

National income at current price is not suitable for comparing the national income of different years.
National income at constant price is not used for comparing the national income of different years.
National income at current price does not show the true picture of economic growth.
National income at constant price does not shows the true pictures of economic growth.

Option 1: 1&3

Option 2: 2&4

Option 3: All of the above given statements are true.

Option 4: None of the given statements are true.

Team Careers360 · Accepted Answer

Correct Answer: 1&3

Solution : National income at current price is not suitable for comparing the national income of different years.
National income at current price does not show the true picture of economic growth.
Hence, Option A is correct.

Exams

Colleges

Predictors

Resources

Quick links

B.Tech CompanionUse Now Your one-stop Counselling package for JEE Main, JEE Advanced and BITSAT

Exams

Colleges & Courses

Predictors

Resources

Exams

Colleges

Predictors & E-Books

Resources

Engineering Preparation

Medical Preparation

Online Courses

Products

Exams

Colleges

Resources

Exams

Colleges

Predictors & Articles

Resources

Exams

Colleges

Predictors

Resources

NEET CompanionUse NowYour one-stop Counselling package for NEET, AIIMS and JIPMER

Exams

Colleges

Upcoming Events

Resources

Exams

Colleges

Resources

Quick Links

Top Streams

Specializations

Resources

Top Providers

Exams

Colleges

Resources

Diploma Colleges

Exams

Colleges

Resources

Exams

Resources

Top Courses & Careers

Colleges

Exams

Upcoming Events

Resources

Other Exams

Exams

Colleges

Top Countries

Student Visas

Exams

Top Schools

Products & Resources

NCERT Study Material

Related Questions

Question : Which of the following statements are true? National income at constant prices also known as real national income. National income rise is also known as nominal national income. National income at current price is affected by

Question : _____________ is used for comparing the national income of different years.

Question : ______________- shows the change in price levels between two different time periods.

Question : Which of the following statements are true? Aggregate demand and aggregate expenditure means the same. Aggregate demand is a stock concept. Aggregate demand refers to the planned expenditure. Aggregate demand and market demand are

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.

Trending Articles/News

Sign In/Sign Up

Download the Careers360 App on your Android phone

B.Tech CompanionUse Now
Your one-stop Counselling package for JEE Main, JEE Advanced and BITSAT

NEET CompanionUse Now
Your one-stop Counselling package for NEET, AIIMS and JIPMER

Question : Which of the following statements are true?

National income at constant prices also known as real national income.

National income rise is also known as nominal national income.

National income at current price is affected by

Question : Which of the following statements are true?

Aggregate demand and aggregate expenditure means the same.

Aggregate demand is a stock concept.

Aggregate demand refers to the planned expenditure.

Aggregate demand and market demand are