Question Text
Question 4 :
Which of the following is not a category of inputs traded on the factor market?
Question 8 :
The following statement is true or false? Give reasons.<br/>Butter is only a final product. <br/>
Question 12 :
The following statements true or false? Give reasons.<br>In final goods, no value is to be added. <br>
Question 19 :
Domestic product includes contribution of only resident producers within the domestic territory of the country.
Question 20 :
Are the following statements true or false? Give reasons.<br>Goods produced for self-consumption will be included in national income. <br>
Question 24 :
Addition to the capital stock of an economy is termed as ______________.
Question 25 :
Circular flow of income does not take place in case of closed economy.
Question 27 :
The following statements true or false? Give reasons.<br>End-use of the goods categorise the goods as intermediate goods and final goods. <br>
Question 29 :
The following statement is true or false? Give reasons.<br/>Final goods include only those goods which are consumed by the households. <br/>
Question 34 :
Real flow refers to the flow of factor services from ______ to ________.
Question 35 :
State which of the following refers to the macro approach from a national angle.
Question 38 :
Choose the correct answers from the alternatives given.<br/>National Income estimates in India are prepared by _________________.
Question 39 :
Compute national income when population is $3\ cr$ and per capita income is $2000$.