Advertisements
Advertisements
प्रश्न
Calculate 'Marginal Propensity to Consume' from the following data about an economy which is in equilibrium:
National income = 800
Autonomous consumption expenditure = 100
Investment expenditure = 100
उत्तर
Given that
National Income (Y) = 800
Autonomous consumption expenditure(C) = 100
Investment expenditure (I) = 100
As we know that
Y = C + I
`C = barC + cY`
`Y = barC + cY + I`
800 = 100 + C(800) + 100
600 = 800C
C = 0.75
Therefore, Marginal Propensity to Consume (MPC) is 0.75
APPEARS IN
संबंधित प्रश्न
Total Cost and Total Revenue.
Giving reason explain how should the following be treated in the estimation of national income:
Payment of corporate tax by a firm
Giving reason explain how should the following be treated in the estimation of national income:
Purchase of refrigerator by a firm for own use
Calculate the 'National Income' and 'Private Income' :
| (Rs in crores) | ||
| 1 | Rent | 200 |
| 2 | Net factor income to abroad | 10 |
| 3 | National debt interest | 15 |
| 4 | Wages and salaries | 700 |
| 5 | Current transfers from government | 10 |
| 6 | Undistributed profit | 20 |
| 7 | Corporation tax | 30 |
| 8 | Interest | 150 |
| 9 | Social security contributions by employers | 100 |
| 10 | Net domestic product accruing to government | 250 |
| 11 | Net current transfers to rest of the world | 5 |
| 12 | Dividends | 50 |
Calculate national income and gross national disposable income from the following:
| (Rs Arab) | ||
| 1 | Net current transfers to abroad | 5 |
| 2 | Government final consumption expenditure | 100 |
| 3 | Net indirect tax | 80 |
| 4 | Private final consumption expenditure | 300 |
| 5 | Consumption of fixed capital | 20 |
| 6 | Gross domestic fixed capital formation | 50 |
| 7 | Net imports | (-)10 |
| 8 | Closing stock | 25 |
| 9 | Opening stock | 25 |
| 10 | Net factor income to abroad | 10 |
Fill in the blank using proper alternative given in the bracket:
National income is ........ concept.
State with reason whether you agree or disagree with the following statement:
The money value of intermediate goods is not included in the estimation of national income.
Write short note on:
Circular flow of national income
Define or explain the following concept:
Final goods
Give reason or explain the following statement:
Old age pension is transfer income.
State whether the following statement is true or false.
Services of housewives are included in national income.
Assertion and Reasoning type question.
Assertion (A): In national income, value of only final goods and services produced in the economy are considered.
Reasoning (R): National income is always expressed in monetary terms.
The value of NNP at production point is called______.
GDPFC = ____________.
GDP MP = Rs.1000 and subsidies = Rs.50, then GDP FC will be ______.
If for a country net factor income from abroad is negative then:
Which of the following is not a component of domestic income?
If factor cost is greater than marker price, it means that:
How should the following be treated in estimating National Income of a Country? Give valid reasons.
Expenditure on upgradation of fixed asset by a firm.
