Match List-I with List-II (Macroeconomics):
| List - I (Terms) | List - II (Explanations) |
|---|---|
| A. Gross National Product (GNP) | I. The total value of goods and services produced within a country’s borders |
| B. National Disposable Income | II. The income available to the nation for consumption and saving |
| C. Circular Flow of Income | III. A model depicting the flow of money in an economy between households and firms |
| D. Depreciation | IV. The decrease in value of an asset over time due to wear and tear or obsolescence |
1
(A) - (II), (B) - (IV), (C) - (III), (D) - (I)
2
(A) - (I), (B) - (II), (C) - (III), (D) - (IV)
3
(A) - (IV), (B) - (III), (C) - (I), (D) - (II)
4
(A) - (I), (B) - (III), (C) - (IV), (D) - (II)