Q1. Explain the Domestic Territory (Economic Territory) ? Ans. In layman’s language, domestic territory means the political…
National Income Accounting
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MCQ QUESTIONS OF CIRCULAR FLOW OF INCOME There are _ phases in the circular flow of income.(a)…
Circular flow of income questions. Are the following statements true or false? Give reasons. In a two-sector…
What is a circular flow of income? Q1. Explain the meaning and phase of the circular flow…
DOMESTIC TERRITORY OR ECONOMIC TERRITORY: It refers to the political frontiers of a nation within which person,…
METHODS OF CALCULATING NATIONAL INCOME Value-added method Expenditure method Income method In India, The Central Statistics Office…
National Income At Current Price (Nominal National Income)/ Nominal GDP • It refers to the money value…