Study of national income is related to
Micro economics
Macro economics
International economics
Econometrics
Subsidies mean
Collecting more prices than the actual cost of production
Supplying goods at lower prices than the real prices
Free supply of goods to the farmers
Collecting more taxes on the consumer goods
High level of economic activity is known by
The growth rate of population
The increase in literacy
The growth rate of expenditure
The growth rate of national income
Capital stock is equal to
Capital stock produced during the year
Capital stock produced during the previous year
Opening balance of capital stock + Increase in capital stock during the year
Capital stock likely to be produced next year
Among which sectors of the economy,the circular flow of money is called circular flow of income.
Same
Similar
Constant
Different
Flow of goods and services between firms and households are
Real Flow
Money Flow
Flow of Capital
Flow of Stock
National income ,according to income method is the sum total of income earned by
Individual factor of production
Primary factor of production
Secondary sector production
All the factor of production
Consumption of fixed capital is also known as
Capital Formation
Depreciation
Investment
All the above
National Income means
Income of the states
Income of the world
Income of the country
Income of the village
The loss in the value of capital goods is called
Subsidy
Foreign trade loss
Exchange loss
