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National Income...

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  • Question 1
    1 / -0

    _______ is that part of national income that are used by households to buy domestic consumer goods. 

  • Question 2
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    ______ is the personal income minus personal income tax and miscellaneous payments to government.

  • Question 3
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    Circular flow refers to reciprocal relationship of income, ___________.

  • Question 4
    1 / -0

    Given personal income of Rs.7510, personal income tax of Rs.410, Consumption being Rs. 5000, Personal saving will be _______.

  • Question 5
    1 / -0

    Given an economy's total expenditure of Rs.80,000 Cr, the income of the economy will be ________.

  • Question 6
    1 / -0

    Given personal income of Rs.8000, personal income tax of Rs.1200, Consumption Rs. 5000, Personal saving is equal to ______.

  • Question 7
    1 / -0

    _________ is an expenditure on goods and services produced in domestic territory but not used by the domestic household for consumption purpose.

  • Question 8
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    The major difference between personal income and disposal income is _______.

  • Question 9
    1 / -0

    Which of these is not a final goods?

  • Question 10
    1 / -0

    From the following equation estimate disposal income (Y) when consumption (C) is Rs. 910.
    C=Rs. 160+0.75Y$$_d$$

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