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प्रश्न
With reference to the diagram shown above, select the reason for the movement from point M to N from the following options.
विकल्प
Increase in the real income of the consumer and rise in relative price of the commodity.
Increase in the real income of the consumer and fall in relative price of the commodity.
Decrease in the real income of the consumer and rise in relative price of the commodity.
Decrease in the real income of the consumer and fall in relative price of the commodity.
उत्तर
Increase in the real income of the consumer and fall in relative price of the commodity.
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संबंधित प्रश्न
Given normal income, how can we find real income? Explain.
Explain non-monetary exchanges as a limitation of using the gross domestic product as an index of the welfare of a country
“Income method” is also known as ______.
Explain the steps involved in calculating the National income by Income method.
State which one of the following is true.
Identify the correctly matched pair of items in Column A to those in Column B:
| Column A | Column B |
| 1. Income Tax | (a) Forced Transfer |
| 2. Services of Housewives | (b) Market Activities |
| 3. Retirement Pension | (c) Taxable for Firm |
| 4. Annual value of goods and services produced. | (d) Income method |
We suppose that C = 70 + 0.70Y D, I = 90, G = 100, T = 0.10Y (1) Find the equilibrium income
Suppose C = 40 + 0.8Y D. T = 50, I = 60, G = 40, X = 90, M = 50 + 0.05Y. Find the net export balance at equilibrium income
Suppose C = 40 + 0.8Y D. T = 50, I = 60, G = 40, X = 90, M = 50 + 0.05Y. What happens to equilibrium income and the net export balance when the government purchases increase from 40 to 50?
Suppose C = 100 + 0.75Y D, I= 500, G = 750, taxes are 20 per cent of income, X = 150, M = 100 + 0.2Y. Calculate equilibrium income.
How is the interest earned by normal resident treated?
What is the other name for Income Method?
Read the following figure carefully and choose the correct pair from the alternatives given below:
Explain the precautions to be taken while using the income method of measuring national income.
Find the odd word out:
Transfer payments:
Calculate National Income using Income method and Output method.
| PARTICULARS | (₹ crores) | |
| (i) | Value of output | 1200 |
| (ii) | Wages and salaries | 165 |
| (iii) | Rent | 60 |
| (iv) | Subsidies | 15 |
| (v) | Mixed Income of self employed | 180 |
| (vi) | Employer's contribution to social security | 15 |
| (vii) | Value of intermediate consumption | 600 |
| (viii) | Interest | 7 |
| (ix) | Factor income earned from abroad | 15 |
| (x) | Indirect taxes | 90 |
| (xi) | Profits | 23 |
| (xii) | Depreciation | 75 |
| (xiii) | Factor income paid abroad | 30 |
