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.
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(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.
Possibilities Food (millions of tons per year) Tractors (millions per year) A 0 30 B 4 28 C 8 24 D 12 20 E 16 14 F 20 8 G 24 0 a. Is it possible for this nation to produce thirty million tons of food per year? Why or why not. b. Is it possible for this nation to produce thirty million
The hypothetical information in the following table shows what the economic situation will be in 2015 if the Fed does not use monetary policy: Year Potential GDP Real GDP Price Level 2014 $15.2 trillion $15.2 trillion 110.0 2015 $15.6 trillion $15.8 trillion
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The Income effects will be most strongly positive for: (1) Normal goods. (2) Necessities. (3) Superior or luxury goods. (4) Substitutes and much negative for the complements. Find out the right answer from the above options.
Quantity of a good: The quantity of a good which buyers demand is found out by the price of the good, income, the prices of associated goods, expectations, tastes, and the number of buyers.
What possible fiscal policy actions can be taken with respect to expenses and income to accurate excess demand and deficient demand in economy? Answer:
Substitutes: The two goods for which a rise in the price of one good leads to a rise in the demand for another.
What is the basic difference between Market Supply and Individual Supply?
Use economic theory to explain the inflation movements and factors influencing it. Use relevant models to explain the impact of changes in fiscal and monetary policies in curtailing inflation.
Why the borrowings by Government are taken as capital receipts?
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