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प्रश्न
With reference to the diagram shown above, select the reason for the movement from point M to N from the following options.
पर्याय
Increase in the real income of the consumer and rise in relative price of the commodity.
Increase in the real income of the consumer and fall in relative price of the commodity.
Decrease in the real income of the consumer and rise in relative price of the commodity.
Decrease in the real income of the consumer and fall in relative price of the commodity.
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उत्तर
Increase in the real income of the consumer and fall in relative price of the commodity.
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संबंधित प्रश्न
Explain non-monetary exchanges as a limitation of using the gross domestic product as an index of the welfare of a country
“Income method” is also known as ______.
Explain the steps involved in calculating the National income by Income method.
State which one of the following is true.
From the following data, calculate Personal Income and Personal Disposable Income.
| Rs (crore) | ||
| (a) | Net Domestic Product at factor cost | 8,000 |
| (b) | Net Factor Income from abroad | 200 |
| (c) | Undisbursed Profit | 1,000 |
| (d) | Corporate Tax | 500 |
| (e) | Interest Received by Households | 1,500 |
| (f) | Interest Paid by Households | 1,200 |
| (g) | Transfer Income | 300 |
| (h) | Personal Tax | 500 |
Identify the correctly matched pair of items in Column A to those in Column B:
| Column A | Column B |
| 1. Income Tax | (a) Forced Transfer |
| 2. Services of Housewives | (b) Market Activities |
| 3. Retirement Pension | (c) Taxable for Firm |
| 4. Annual value of goods and services produced. | (d) Income method |
With a rise in real national income, welfare of the people ______
What is equilibrium income?
In an economy, C = 300 + 0.5Y and I = ? 600/- (where C =consumption, Y =income or investment). Compute the equilibrium level of income
Suppose C = 40 + 0.8Y D. T = 50, I = 60, G = 40, X = 90, M = 50 + 0.05Y. Find the net export balance at equilibrium income
Suppose C = 40 + 0.8Y D. T = 50, I = 60, G = 40, X = 90, M = 50 + 0.05Y. What happens to equilibrium income and the net export balance when the government purchases increase from 40 to 50?
Suppose C = 100 + 0.75Y D, I= 500, G = 750, taxes are 20 per cent of income, X = 150, M = 100 + 0.2Y. Calculate equilibrium income.
How is the interest earned by normal resident treated?
If in an economy the value of Net Factor Income from Abroad is ₹200 crores and the value of Factor Income to Abroad is ₹40 crores. Identify the value of Factor Income from Abroad:
What is the other name for Income Method?
Read the following figure carefully and choose the correct pair from the alternatives given below:
Distinguish between Factor Cost and Market Price.
