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InterviewSolution
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2. Distinguish between consumer goods and capital goous3. Distinguish between stocks and flows. Given an example of each.4. Explain circular flow of income and its components.5. Discuss any three differences between GDP at constant price and GDP at curreMARKS6. GDP is not appropriate indicator for welfare, comment.7. Calculate sales from given data:GST5000Factor income from abroad600in)Net value added at factor cost24000iv)Gross domestic fixed capital formation2000v)Net domestic capital fonnation1800vi)Subsidies500vii) Factor income to abroad2000viii) Change in stock200ix) Purchase of raw material10000Expenses on fuel and power5000 |
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Answer» Answer: . DISTINGUISH between consumer goods and capital goous 3. Distinguish between stocks and flows. Given an example of each. 4. Explain circular flow of income and its components. 5. Discuss any three differences between GDP at constant price and GDP at curre MARKS 6. GDP is not appropriate indicator for welfare, comment. 7. Calculate sales from given data: GST 5000 Factor income from abroad 600 in) Net VALUE added at factor cost 24000 iv) Gross DOMESTIC FIXED capital formation 2000 v) Net domestic capital fonnation 1800 vi) Subsidies 500 vii) Factor income to abroad 2000 viii) Change in stock 200 ix) Purchase of raw material 10000 Expenses on fuel and power 5000 |
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