Question

Arrange the National Product or Income estimates in the sequence they are calculated:
(A). Disposable Personal Income (DPI)
(B). National Income (NI)
(C). Gross National Product (GNP)
(D). Personal Income (PI)

Choose the correct answer from the options given below:

• A. (A), (B), (C), (D).
• B. (D), (C), (B), (A).
• C. (B), (A), (D), (C).
• D. (C), (B), (D), (A).

Hint:

National income flow: GNP $\to$ NI $\to$ PI $\to$ DPI.

Answer 1

The Correct Option is D

Step 1: GNP is the base figure and depends on nothing else in the list, so it comes first.
Step 2: NI is GNP minus depreciation, so it must follow GNP.
Step 3: PI is derived from NI, and DPI is derived from PI, so the chain ends NI -> PI -> DPI.
Step 4: The full order is (C), (B), (D), (A), so option (4) is correct.