State whether the following statement is True or False
Total Revenue = Total quantity x Price.
Concept: Concept of National Income
Define or explain the following concept.
Disposable income.
Concept: Concept of National Income
Distinguish between.
Personal income and National Income.
Concept: Concept of National Income
Write short answer for the following question :
Features of Pure Competition.
Concept: Market
What is National Income ?Explain theoretical or conceptual difficulties of measuring National Income.
Concept: Concept of National Income
State whether the following statement is true or false.
Investment made by the government is autonomous investment.
Concept: Concept of National Income
Define or explain the following concept.
Induced Consumption expenditure.
Concept: Concept of National Income
Write a short answer to the following question :
Explain the features of National Income.
Concept: Concept of National Income
Give reason or Explain the following statement :
Paid services are included in national income.
Concept: Concept of National Income
Explain practical difficulties involved in estimation of national income.
Concept: Concept of National Income
Fill in the blanks using proper alternatives given in the brackets
Personal Income - Direct Tax = ________________
Concept: Concept of National Income
State whether the following statements are ‘True’ or ‘False’.
There is no need of advertisement in monopolistic competition.
Concept: Market
(b) decreases
(c) becomes equal
(d) becomes zero
Concept: Concept of National Income
Explain the circular flow of national income.
Concept: Concept of National Income
Write answer in 'one' or 'two' paragraph :
What are the difficulties in the measurement of national income?
Concept: Concept of National Income
Write Explanatory answer. (Any Two )
What is national income. Explain how national income is mesured by output method
Concept: Concept of National Income
Answer in detail :
What is monopoly? Explain the features of monopoly.
Concept: Market
State whether the following statements are TRUE or FALSE:
Saving increases with increase in income.
Concept: Concept of National Income
Define of Explain the following concept.
Net earnings from foreign trade
Concept: Concept of National Income
State whether the following statements are TRUE or FALSE with reason.
National income is a flow concept.
Concept: Concept of National Income
