21  During GDP measurement, to avoid double counting, what economists do?

Calculate value added at each stage of production

22  How to find NNP from GNp?

By deducting depreciation allowance

23 What is undistributed profit?

Income earned but not received

24 What is GNP?

The market value of all goods and services produced in an economy

25 In terms of national income accounts, what multiple counting refers to?

Counting currently produced goods more than one time

26 What is net investment?

Gross investment minus capital consumption allowance

27 Personal Income is equivalent to what?

NI plus unearned receipts minus earning not received

28 What are net exports?

Total exports minus total imports

29 What is national income?

Total income earned while producing the national product

30 Traffic fines are included in what?

Personal Income but not in disposable Personal Income