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प्रश्न
State whether the following items will be included in the estimation of National Income or not: Give a reason for your answer.
Government expenditure on street lighting.
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उत्तर
Government expenditure is included in national income because it is part of the Expenditure Method.
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संबंधित प्रश्न
From the following data, calculate GNPMP and NNPFC by Expenditure Method.
| ₹ (in crore) | |
| (i) Mixed income of self-employed | 450 crores |
| (ii) Compensation of employees | 550 crores |
| (iii) Private final consumption expenditure | 1000 crores |
| (iv) Net factor income from abroad | (−)20 crores |
| (v) Net indirect taxes | 150 crores |
| (vi) Consumption of fixed capital | 170 crores |
| (vii) Net domestic capital formation | 380 crores |
| (viii) Net exports | (−)30 crores |
| (ix) Profits | 400 crores |
| (x) Rent | 150 crores |
| (xi) Interest | 200 crores |
| (xii) Government final consumption expenditure | 550 crores |
Public expenditure can be unplanned only with reference to
Identify and explain the concept from the given illustration:
John purchased wheat flour for his bakery from the flour mill.
The Expenditure Method is also known as which of the following?
Why are intermediate expenditures excluded under the Expenditure Method?
Which expression represents Net Exports?
Which is the direct formula for National Income?
Which item is classified as a durable good under Private Final Consumption Expenditure?
Residential Investment includes:
Government services are valued at cost because they generally:
What is the role of NFIA in national income measurement?
What is the first step in using the Expenditure Method?
In the second step of the Expenditure Method, expenditure is classified into:
After calculating \(GDP_{MP}\), which items are deducted to obtain \(NDP_{FC}\)?
Why are purchases and sales of financial assets excluded?
What difficulty may arise when classifying government expenditure?
