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Giving Reason Explain How Should the Following Be Treated in the Estimation of National Income: Expenditure by a Firm on Payment of Fees to a Chartered Accountant - Economics

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प्रश्न

Giving reason explain how should the following be treated in the estimation of national income:

Expenditure by a firm on payment of fees to a chartered accountant

उत्तर

Expenditure by a firm on payment of fees to a chartered accountant is not included in the estimation of national income because it is only an intermediate expenditure for the firm.

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2014-2015 (March) Delhi Set 1

संबंधित प्रश्न

Total Cost and Total Revenue.


Explain the various methods of measuring national income.


Other things remaining unchanged, when in a country the price of foreign currency rises, national income is: (choose the correct alternative)

a. Likely to rise
b. Likely to fall
c. Likely to rise and fall both
d. Not affected


Giving reason explain how the following should be treated in the estimation of national income:

Payment of interest by an individual to a bank


Give reasons or explain the following

The propensity to save depends upon the level of income.


Fill in the blank using proper alternative given in the bracket:

 National income is ........ concept.


State whether the following statement is true or false.

Investment made by the government is autonomous investment.


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.


Answer in detail:
Explain the Output method of measuring National income.


State whether the following statement is true or false.

Financial year in India is leap year.


Define the following:
Income from property and entrepreneurship


Per capita income is obtained by dividing the National income by the ______.


GNP =______ + Net factor income from abroad.


GNP =______ + Net factor income from abroad.


Write the formula for calculating GNP.


What is the difference between NNP and NDP?


Define GDP deflator.


NNPFC =


Net National Income at Factor Cost is called?


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