National Income and Related Aggregates (CBSE (Central Board of Secondary Education- Board Exam) Class-12 Economics): Questions 33 - 38 of 68

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Question number: 33

» National Income and Related Aggregates » Stocks and Flows

Appeared in Year: 2012

Essay Question▾

Describe in Detail

Autonomous consumption = 100 Rs.

Marginal propensity to consume = 0.70

National income = 1000 Rs.

Explanation

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Question number: 34

» National Income and Related Aggregates » Gross National Product

Appeared in Year: 2012

Essay Question▾

Describe in Detail

Giving reason explain how should the following be treated in estimating national income:

(i) Interest paid by banks on deposits by individuals.

(ii) National debt interest.

Explanation

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Question number: 35

» National Income and Related Aggregates » Types of Goods

Appeared in Year: 2012

Essay Question▾

Describe in Detail

Given price of a good, how does a consumer decide as to how much of that good is to be purchased?

Explanation

… (84 more words) …

Question number: 36

» National Income and Related Aggregates » Methods of Calculating National Income » Expenditure Method

Essay Question▾

Describe in Detail

Explain the ‘expenditure’ method of estimating national income.

Explanation

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Question number: 37

» National Income and Related Aggregates » Methods of Calculating National Income » Expenditure Method

Essay Question▾

Describe in Detail

From the following data calculate National Income by Income and Expenditure methods:

calculate National Income by Income and Expenditure methods

Find National Income by Income and Expenditure methods

(Rs crore)

Government final consumption expenditure

100

Subsidies

10

Rent

200

Wages and salaries

600

Indirect taxes

60

Private final consumption expenditure

800

Gross domestic capital formation

120

Social security contributions by employers

55

Royalty

25

Net factor income paid to abroad

30

Interest

20

Consumption of fixed capital

10

Profit

130

Net exports

70

Change in stock

50

Explanation

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Question number: 38

» National Income and Related Aggregates » Gross National Product

Essay Question▾

Describe in Detail

Calculate Gross National Product at Market Price and Net National Disposable Income from the following data:

Calculate Gross National Product at Market Price and Net National Disposable Income

Calculation in detail Gross National Product at Market Price and Net National Disposable Income

-

( Rs. crores)

Current transfers from government

25

Compensation of employees

600

Net current transfers from the rest of the world

20

Rent

100

Consumption of fixed capital

50

Interest

120

Net indirect tax

110

Profit

80

Mixed income of the self-employed

200

Net factor income from abroad

(-) 10

Explanation

… (49 more words) …

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