Remuneration for the contribution made by entrepreneurship is called ___________.
Rent
Wages
Profit
None of these
Final goods used by consumers for satisfaction are called __________.
Flow goods
Stock goods
Consumption goods
__________ are variable quantities measurable at any particular point of time.
Ratios
Flows
Stocks
Vehicles equipments ,machinery used for the production of other goods are called ___________.
Capital goods
The total value of all capital goods produced in the economy during a given period is called ______________.
Gross investment
Gross interest
Net investment
___________ are variable quantities measurable only over a period of time .
___________ is given for the contribution made by capital .
Interest
What are the importance of national income analysis ?
Helps to compare economic development over time
Helps to make international comparison
Helps to measure the standard of living of the people of different countries at different periods
All the above
All goods and services used by the producers as inputs into a further stage of production are called ____________.
Final goods
Intermediate goods
Helps to compare economic development over time.
Helps to make international comparison.
Helps to measure the standard of living of the people of different countries at different periods.
All the above.