Estimating rational income
How will you treat the given in estimating rational income of India? Provide reasons for your answer. (i) The value of bonus shares received by the shareholders of a company.(ii) Interest received on loan provided to a foreign company in India.
How will you treat the given in estimating rational income of India? Provide reasons for your answer.
(i) The value of bonus shares received by the shareholders of a company.(ii) Interest received on loan provided to a foreign company in India.
Expert
(i) This is not comprised in national income since it is the return of financial capital and not of goods & services.
(ii) This is comprised in the national income as interest is a factor income and a portion of domestic income.
When doubling your viewing of soap operas to 16 hrs per week reasons your IQ score to drop/fall from a mastermind level of 140 to a sluggish 70, your TV elasticity of brain power will be: (i) + 1.0. (ii) zero. (iii) – 1.0. (d) +0.5. (e) -0.5.
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