Which of the following transaction is being ignored while calculating national income?
While computing national income using the income approach, transfer payments such as gifts and donations and profits from the sale of pre-owned goods are excluded. As such sale of land or sale of shares and debentures is not considered while calculating national income.
If the public consumes €100 billion less and the government purchases €100 billion more (other things unchanging), which of the following statement...
What is the probability of getting the sum as a prime number if two dice are thrown?
A dice was rolled 3 times. What is the probability of getting 5 at least once?
Suppose the following bilateral spot exchange rates are being quoted for the Danish krone (DKK), the US dollar (US$) and the euro (€):
US$/€ ...
Which of the following statements is NOT CORRECT in the context of an Open Economy IS-LM Model under Floating Exchange Rate (with fixed price) and Perfe...
| List – I | Commodity X and Y have an equal price elasticity of supply. The supply of X rises from 400 units to 500 units due to a 20 percent rise in its price. Cal... Real Wages = 500, Consumer price index = 1.2. Calculate nominal wages? When a firm operates with excess capacity The credit manager at a Departmental store collects data on 100 of her customers. Of the 60 men, 40 have credit cards (C). Of the 40 women, 30...
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