Category Macro Economics (Class 12th) Macro Economics (Class 12th) 28 Questions 15 Sub CategoriesMoney and Banking(263)National Income and related aggregates(502) Ask question Search Order By: ActiveClear Filter 0 Votes 1 Ans Statement 1: Circular flow of Income does not take place in case of closed economy Statement 2: Flow of income is circular in a two-sector economy. 2.87K viewsAnurag Pathak Changed status to publish November 18, 2023Statement Type 0 Votes 1 Ans Statement 1: In a two-sector economy with households and firms, there are no savings in the economy 3.16K viewsAnurag Pathak Changed status to publish November 18, 2023Statement Type 0 Votes 1 Ans Statement 1: Real Flow involves exchange of goods and services. Statement 2: Real Flow is also known as Nominal Flow. 2.74K viewsAnurag Pathak Changed status to publish November 18, 2023Statement Type 0 Votes 1 Ans Assertion (A): Macroeconomics is also known as Income and Employment Theory 2.70K viewsAnurag Pathak Changed status to publish November 18, 2023Assertion Reason 0 Votes 1 Ans Assertion (A): Real Flow is also known as Nominal Flow. Reason (R): Real Flow involves flow of goods and services between firms and households 3.02K viewsAnurag Pathak Changed status to publish November 18, 2023Assertion Reason 0 Votes 1 Ans Assertion (A): Stock variable does not have a time dimension. Reason (R): Stock variable is measured over a period of time. 3.23K viewsAnurag Pathak Changed status to publish November 18, 2023Assertion Reason 0 Votes 1 Ans Assertion (A): Savings are Zero in case of two-sector economy 3.43K viewsAnurag Pathak Changed status to publish November 18, 2023Assertion Reason 0 Votes 1 Ans Distinguish between stock and flow. Between net investment and capital which is a stock and which is a flow? 2.54K viewsAnurag Pathak Changed status to publish November 18, 2023National Income and related aggregates 0 Votes 1 Ans What are the four factors of production and what are the remunerations to each of these called? 2.88K viewsAnurag Pathak Changed status to publish November 18, 2023National Income and related aggregates 0 Votes 1 Ans Describe the four major sectors in an economy according to the macroeconomics point of view. 2.72K viewsAnurag Pathak Changed status to publish November 18, 2023National Income and related aggregates 0 Votes 1 Ans What is the difference between microeconomics and macroeconomics? 2.82K viewsAnurag Pathak Changed status to publish November 18, 2023National Income and related aggregates 0 Votes 1 Ans Classify the following as Stock and Flow Amount of bank deposits as on 31.03.2022 3.45K viewsAnurag Pathak Changed status to publish November 17, 2023National Income and related aggregates 0 Votes 1 Ans Circular flow of income in a two sector economy is based on the axiom that one’s expenditure is other’s income’. Do you agree with the given statement? Support your answer with valid reasons. 2.88K viewsAnurag Pathak Changed status to publish November 16, 2023National Income and related aggregates 0 Votes 1 Ans Statement I Net Investment is a stock concept Statement II Capital is a flow concept 2.68K viewsAnurag Pathak Changed status to publish November 13, 2023Statement Type 0 Votes 1 Ans On the basis of the figure given below, identify the type of flow indicated by B and D 2.81K viewsAnurag Pathak Changed status to publish November 13, 2023MCQs (National Income) 0 Votes 1 Ans From the statements given in Column I and Column II. Choose the correct pair Vegetables grown in the personal garden 2.78K viewsAnurag Pathak Changed status to publish November 13, 2023Matching Types 0 Votes 1 Ans Explain any four limitations of using GDP as a measure/index of welfare of a country. 3.11K viewsAnurag Pathak Changed status to publish November 12, 2023National Income and related aggregates 0 Votes 1 Ans Explain ‘non-monetary exchanges’ as a limitation of using gross domestic product as an index of welfare of a country. 2.59K viewsAnurag Pathak Changed status to publish November 12, 2023National Income and related aggregates 0 Votes 1 Ans How will you treat the following while estimating domestic product of a country? Give reasons for your answer 2.54K viewsAnurag Pathak Changed status to publish November 12, 2023National Income and related aggregates 0 Votes 1 Ans Differentiate between National Income at Current Prices and National Income at Constant Prices 2.94K viewsAnurag Pathak Changed status to publish November 12, 2023National Income and related aggregates 0 Votes 1 Ans Explain the meaning of Real Gross Domestic Product and Nominal Gross Domestic Product, using a numerical example. 2.62K viewsAnurag Pathak Changed status to publish November 12, 2023National Income and related aggregates 0 Votes 1 Ans Reduction in production of junk food : 3.00K viewsAnurag Pathak Changed status to publish April 10, 2023Macro Economics (Class 12th)National Income and related aggregates 0 Votes 1 Ans Production of petrol and diesel driven vehicles : 2.65K viewsAnurag Pathak Changed status to publish April 10, 2023Macro Economics (Class 12th)National Income and related aggregates 0 Votes 1 Ans Real GDP is : 2.64K viewsAnurag Pathak Changed status to publish April 10, 2023Macro Economics (Class 12th)National Income and related aggregates 0 Votes 1 Ans Welfare of the people of a country is determined by: 2.75K viewsAnurag Pathak Changed status to publish April 10, 2023Macro Economics (Class 12th)National Income and related aggregates « Previous 1 2 … 35 36 37 38 Next » Question and answer is powered by anspress.net