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(i) Amount of Bank Deposits as on 31.03.2022 Stock, the Amount of Bank Deposits is measured at a point of time. (ii) Losses Flow, as losses are measured over a period of time. (iii) Production of wheat during the year…
Yes, the given statement is correct. In a two-sector economy, the firms produce goods and services and make factors payments to the households. The factor income earned by the households will be used to buy the goods and services which…
Ans – (d) Explanation:- Net Investment is a flow Concept and it is measured for a period of time. As per Economics Net Investment is just an addition to the present Stock of capital during a period of time. For…
Solution:- Answer: (a) – Real Flow B and D show the Real Flow. Real flow refers to the movement of commodities and services from one sector to another. D refers to the flow of factor services such as land, labor,…
Solution: Ans – (a) A – (i) Explanation:- Vegetables grown in the personal garden are the leisure time activities and vegetables grown are not meant for sale. The it is a non-marketing activity. A car used as a taxi is…
Solution:- (i) GNP at MP = ₹ 65,000 Crores (ii) Depreciation = ₹ 1,20,000 × 10% = ₹ 12,000 (iii) Indirect Taxes = ₹ 6,000 Crores (iv) Subsidies = ₹ 1,000 Crores National Income (NNP at FC) = GNP at…
Solution:- NNP at FC = GDP at FC – Depreciation + Net Factor income from abroad NNP at FC = ₹ 55,000 – ₹ 2,500 + ₹ 700 NNP at FC = ₹ 53,200 Crores NNP at MP = NNP…
Solution:- NNP at FC = NDP at MP + (Factor Income from abroad – Factor Income to abroad) – (Indirect Taxes – Subsidies) NNP at FC = ₹ 80,000 + (₹ 500 – ₹ 700) – (₹ 10,600 – ₹…
Solution:- GDP at FC = NDP at MP + Depreciation – (Indirect Taxes – Subsidies) GDP at FC = (vi) + (iv) – [(v) – (ii)] GDP at FC = ₹ 3,700 + ₹ 480 – [₹ 100 – ₹…
Solution:- GNP at FC = NDP at FC + Consumption of Fixed capital + (Factor income from abroad – Factor income to abroad) GNP at FC = (i) + (iv) + [(iii) – (v)] GNP at FC = ₹ 55,915…