Micro and Macro approaches are ________.

Related MCQs

• Consider the following statements and identify the right ones. i. National income is the monetary value of all final goods and services produced. ii. Depreciation is deducted from gross value to get the net value
• Expenditure on defence, interest payments, law and order maintenance and public administration expenses are generally treated as:
• Statistics such as GDP, the unemployment rate, the rate of inflation and the trade balance are:
• Consider the following statements and identify the right ones. i. While calculating GNP, income generated by foreigners in a country is taken into consideration ii. While calculating GNP, income generated by nationals of a country outside the country is taken into account
• If we compare GDP and GNP, then:
• An Indian farmer produces wheat without incurring cost of inputs all sells for Rs. 1,000 to a miller who grinds wheat into flour and sells for Rs 1,200 to baker. The baker sells bread to consumers for Rs. 1,600. Total added is Rs.
• An Indian farmer produces wheat without incurring cost of inputs alll sells for Rs. 1,000 to a miller who grinds wheat into flour and sells for Rs 1,200 to baker. The baker sells bread to consumers for Rs. 1,600. Total added is Rs.
• Piyush’s mother is a teacher. She also teaches Piyush. How would you treat this white calculating national income and domestic income?
• A student records her income and spending for past month, she uses the function of money
• When the nation's money supply is Rs. 1200 billion and GDP is Rs. 4800 billion, velocity of circulation money is: