With a rise in real national income, welfare of the people : (Choose t – InterviewSolution

InterviewSolution

1.	With a rise in real national income, welfare of the people : (Choose the correct alternative)A. RisesB. FallsC. Remains unchangedD. None of the above
Answer» Correct Answer - A With the rise in the real national income, the economic welfare of the people rises. This is the positive change as when people invest more on the commodities, they are directly or indirectly contributing to the total national income of the economy. However, this determination is dependent upon several factors.So ans is A

Discussion

No Comment Found

Related InterviewSolutions

Which of the following willl be included in National Income ?A. Sale of bonds by a companyB. Transport expenses by a firmC. Interest on loan paid by households to banksD. None of these
Calculate Gross National Disposable Income from the following data :
Fro the following following data calculate national income by (a) Income method (b) Expenditure method :
Calculate National income and from the following data :
Calculate national income from the following data :
Calculate National income from the following data :
From the following data, calculate "Gross value added at factor cost".
Find gross value added at market price :
(a) Describe value added method. (b) What is double counting ? Name the methods to avoid it.
How should the following be treated in estimating national income of a country ? Give reasons. Addition to stocks during a year.