Question
Which of the following elements is NOT included in the
circular flow of Income in a simple economy?Solution
The circular flow of income or circular flow is a model of the economy in which the major exchanges are represented as flows of money, goods and services, etc. between economic agents. Depreciation has a significant effect in determining and presenting the financial position and results of operations of an enterprise. Hence, Depreciation is NOT included in the circular flow of Income in a simple economy.
Arvind sold 40% more apples than Vishnu. Ratio of number of apples sold by Vishnu to number of apples sold by Bishwa is 4:7. Find the number of apples s...
If the numerator of a fraction is increased by 16.66 % and denominator decreased by 14.28 % then, it becomes the reciprocal of itself. Find the original...
In an election between two candidates, winner got 65% of total valid votes. If total number of votes cast were 2000 out of which 6% were invalid, then f...
In an exam of 200 marks, a student scores 136 marks. What percent of marks did he score?
Heena decided to save 15% of her salary as fixed deposit. Later, she changed her mind and saved Rs 4800 which was 80% of what she had decided earlier. ...
The income of P is 4/5th of the income of Q and income of R is 60% more than the income of Q. Income of Q is Rs.20000 and expenditure of P is...
In a school, 30% of the students are not participating in any competition. 80% of the students who are participating in the competition are girls. If 42...
Ravi spends 20% of his income on house rent, 30% on groceries, 50% of the remaining on entertainment, and saves the rest. If the amount spent on groceri...
- In a municipal election between two candidates, 12% of the total votes were declared invalid. Candidate 'X' secured 60% of the valid votes. If candidate 'Y...
Anil spends 20% of the monthly income on the reconstruction of his house, 15% on basic needs, 10% of the remaining on travelling. If he spends (100/9)% ...
Relevant for Exams:
