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प्रश्न
Which of the following affects national income? (Choose the correct alternative)
(a) Goods and Service tax
(b) Corporation tax
(c) Subsidies
(d) None of the above
उत्तर
Corporation tax
Corporation tax affects the national income as it is the part of corporate profits.
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संबंधित प्रश्न
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.
Unforseen obsolescence of fixed capital assets during production is: (Choose the correct alternative)
a. Consumption of fixed capital
b. Capital loss
c. Income loss
d. None of the above
How should the following be treated while estimating national income? You must give the reason in support of your answer.
Bonus paid to employees
In an economy, S = −100 + 0.6 Y is the saving function, where S is Saving and Y is National Income. If investment expenditure is 1,100, calculate:
(1) Equilibrium level of National Income
(2) Consumption expenditure at equilibrium level of 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
Total Revenue = Total quantity x Price.
Define or explain the following concept.
Induced Consumption expenditure.
Give reason or Explain the following statement :
Paid services are included in national income.
Define of Explain the following concept.
Net earnings from foreign trade
Give reasons or explain the following statement:
The concept of national income has an important place in economic development.
Answer the following question:
State the precautions while using expenditure method to measure national income.
Write short note on:
Value added approach
Give reason or explain the following statement:
Income from second hand sale of goods is excluded from national income.
Give reason or explain the following statement:
National income estimates are accurate in India.
State whether the following statement is true or false.
Inclusion of value of intermediate goods leads to double counting.
Define the following:
Income from property and entrepreneurship
Net National product at factor cost is also known as
Which one is true?
Identify and explain the following concept.
Shobha collected data regarding the money value of all final goods and services produced in the country for the financial year 2019-20.
