Advertisements
Advertisements
Question
Per capita income is obtained by dividing the National income by the ______.
Options
Production
Population of a country
Expenditure
GNP
Solution
Per capita income is obtained by dividing the National income by the population of a country.
APPEARS IN
RELATED QUESTIONS
In order to avoid double counting, value added approach is used.
Explain in detail ‘saving function’ with schedule and diagram.
National income is the sum of factor incomes accruing to : (Choose the correct alternative)
(a) Nationals
(b) Economic territory
(c) Residents
(d) Both residents and non-residents
How should the following be treated while estimating national income? You must give the reason in support of your answer.
Purchase of taxi by a taxi driver.
Distinguish between the following :
Output method and Income method of measuring national income.
Distinguish between.
Personal income and National Income.
Define or explain the following concept.
Induced Consumption expenditure.
Fill in the blanks using proper alternatives given in the brackets
Personal Income - Direct Tax = ________________
Write Explanatory answer. (Any Two )
What is national income. Explain how national income is mesured by output method
Write short note on:
Expenditure method of measuring national income.
Define or explain the following concept:
National income
State whether the following statement is true or false.
National income is computed every year.
Fill in the blank with appropriate alternatives given below
Paper purchased by a publisher is __________.
Trace the relationship between GNP and NNP.
Explain briefly NNP at factor cost.
GDPFC = ____________.
GNPMP =?
If economic subsidies are added to and Indirect taxes are substracted from the national income at market prices, then it will be equal to ______.
Give economic term:
The volume of commodities and services turned out during a given period counted without duplication.
