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RADHA BHUGANA-NATIONAL INCOME AND RELATED AGGREGATES : SOME BASIC CONCEPTS-OBJECTIVE TYPE QUESTIONS
- Define domestic territory.
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- Define normal resident.
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- What is factor income ?
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- What is transfer income ?
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- What are final products ?
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- Define an intermediate good.
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- What are consumption goods ?
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- What are capital goods ?
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- Define gross investment.
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- Define net investment.
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- Define depreciation.
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- What is net indirect tax ?
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- What is net factor income from abroad ?
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- What are the three components of NFIA ?
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- Define domestic income (NDP(FC)).
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- Define national income (N NP(FC)).
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- Give two examples of intermediate goods.
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- Define capital formation.
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