SECTION C 1a Market Production FILL IN THE BLANKS WITH THE APPROPRIATE ALPHANUMERIC ANSWER [e.g. 1a or 3b 16 Consumption 1c Output at Basic Prices QU11 In the Capital Account the balancing Item is called _(1) It measures the net amount a unit or sector has to finance 2a Production of goods and services for own use. 26 Transactions 2c Consumption of the output 1a Changes in Net Worth due to saving and capital transfers; 16 Net Lending /Net Borrowing 2a Transactions in Financial Instruments 2b Net Borrowing when negative QU14 (1) Output is obtained by aggregating the amounts sold, bartered or transferred to other institutional units, plus The current accounts record the production of goods and services, the use of incomes for purposes of consumption and saving as well as (2) 1a Use of Disposable Income Account 1b Allocation of Primary Income Account 1c Secondary Distribution of Income Account QU12 (1) The covers redistribution of income through current transfers other than social transfers in kind. Social Transfers in kind are recorded in the (2) 1a Use of Disposable Income Account 1b Allocation of Primary Income Account 1c Secondary Distribution of Income Account 2a Current Transfers 2a Use of Disposable Income Account 2b Redistribution of Income in Kind Account 2b Redistribution of Incomes among Institutional Units QU15 (1) When saving is negative, th excess of consumption over disposable income must be financed by Economic Production is an activity that is (2) 1a Acquiring more assets 1b Incurring Liabilities 1c Reducing capital transfers 2c Financial Account QU13 (1) is an activity in which institutional units use up goods and services. Values assigned to the outputs must also be assigned to the (2) 2a carried out under the control of an institutional unit 26 the value resulting from gross output less intermediate costs