___________ is given for the contribution made by capital .
Wages
Interest
Rent
None of these
Final goods used by consumers for satisfaction are called __________.
Flow goods
Stock goods
Consumption goods
In a two sector model ,all goods and services produced by firms ,are bought by the ______________.
Government
Households
Foreign countries
In __________ method GDP is measured from the demand side of the products.
Product
Expenditure
Income
____________ refers to the amount of investment after the replacement of depreciated capital.
Gross investment
Net investment
Net interest
The loss in the value of capital goods over a period of time due to the normal physical wear and tear of capital goods in the process of production is called ____________.
Depression
Devaluation
Depreciation
____________ supply factors of production to firms in a two sector model.
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
National income is always measured in terms of ___________.
Money
services
Goods
__________ are variable quantities measurable at any particular point of time.
Ratios
Flows
Stocks
