Question Text
Question 6 :
State which of the following refers to the macro approach from a national angle.
Question 9 :
Which of the following is a part of the subject matter of macro economics?
Question 20 :
The following statement is true or false? Give reasons.<br/>Butter is only a final product. <br/>
Question 23 :
If factor cost is greater than market price, then it means that ____________________.<br/>
Question 26 :
Real flow refers to the flow of factor services from ______ to ________.
Question 27 :
Product method of calculating the national income is also known as _______.
Question 29 :
Choose the correct answers from the alternatives given.<br/>National Income estimates in India are prepared by _________________.
Question 30 :
Which of the following is not a category of inputs traded on the factor market?
Question 32 :
Circular flow of income does not take place in case of closed economy.
Question 33 :
Which of the following is a phase of circular flow of income?
Question 34 :
Addition to the capital stock of an economy is termed as ______________.
Question 36 :
GNP is a poor measure of welfare because it does not show ____________.
Question 38 :
<p>The value of national income adjusted for inflation is called _______.</p>
Question 42 :
<p>Per capita income is obtained by dividing which of the following with total population ___________.</p>
Question 43 :
In which type of economy, domestic income is equal to national income?
Question 44 :
Are the following statements true or false? Give reasons.<br>Goods produced for self-consumption will be included in national income. <br>