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प्रश्न
Define the following:
Income from property and entrepreneurship
उत्तर
Income from property and entrepreneurship: Rent refers to the income earned from property and profit refers to the income generated from the entrepreneurship. Profit can be further categorised into the following three categories as dividends, corporate profit tax, undistributed profits.
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संबंधित प्रश्न
Explain the various methods of measuring national income.
Explain in detail ‘saving function’ with schedule and diagram.
Giving reason explain how should the following be treated in estimating national income:
i. Expenditure on fertilizers by a farmer.
ii. Purchase of tractor by a farmer.
Explain the impact of rise in exchange rate on national income.
C = 50 + 0.5 Y is the Consumption Function where C is consumption expenditure and Y is National Income and Investment expenditure is 2000 is an economy. Calculate
(i) Equilibrium level of National Income.
(ii) Consumption expenditure at equilibrium level of national income.
State whether the following statement is true or false.
Investment made by the government is autonomous investment.
Define or explain the following concept.
Induced Consumption expenditure.
Fill in the blanks using proper alternatives given in the brackets
Personal Income - Direct Tax = ________________
Define of Explain the following concept.
Net earnings from foreign trade
State whether the following statements are TRUE or FALSE with reason.
National income is a flow concept.
Answer in brief.
Give different definitions of National Income.
Answer the following question:
State the precautions while using expenditure method to measure national income.
Answer in detail:
Explain the Output method of measuring National income.
Distinguish between:
Gross National Product and Net National Product
Answer the following question.
Define the problem of double counting in the computation of national income. State any two approaches to correct the problem of double counting.
- Explain the concept of product (real flow) with the help of above diagram. (2m)
- Explain the concept of Money flow with the help of above diagram. (2m)
When net factor income from abroad is deducted from NNP, the net value is______.
Differentiate between personal and disposable income.
Explain the meaning of non-market activities.
