Question

Which of the following is not included in the estimation of National Income by income methed
(a) Compensation of Employees (b) Transfer Income (c) Operating Surplus
In case of Deficient demand, aggregate demand is
aggregate
employment level
(a) Less than (b) More than (c) Equal to
(d) Paralle
If the value of Average Propensity to Consume is 0.4, what will be the value
to Save?
(a) 0.4
(b) 0.6
(c) 1.4
(d) - 0.6
What is Fiduciary Money?​

Answer 1

Answer:

National income is measured as a flow of expenditure. Includes sum total of private consumption expenditure. Government consumption expenditure, gross capital formation (Government and private) and net exports (Export-Import). It does not include expenditure on second hand goods.

Explanation:

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