National income bingo

Exercise and reference answers

Clues and terms

1. Clue

   Needs no further production.

   Item

   Final good

2. Clue

   Output less intermediate inputs.

   Item

   Value added

3. Clue

   Consumption of fixed capital.

   Item

   Depreciation

4. Clue

   Unsold stock carried over.

   Item

   Inventory

5. Clue

   GDP plus net factor income abroad.

   Item

   GNP

6. Clue

   GNP minus depreciation.

   Item

   NNP

7. Clue

   Include production taxes only.

   Item

   Basic prices

8. Clue

   Income after personal taxes.

   Item

   Disposable

9. Clue

   Reports India's GDP figures.

   Item

   CSO

Instructions

Read each clue and tap the term it describes.

Explanation