The ratio of change in the national income in relation to the change in government spending that causes it is referred to as:

Related MCQs

• A student records her income and spending for past month, she uses the function of money
• Piyush’s mother is a teacher. She also teaches Piyush. How would you treat this white calculating national income and domestic income?
• National Income differs from Net National Product at market price by the amount of:
• National Income differs from Net National Product at market price by the amount of:
• When output exceeds spending:
• in order to influence spending on goods and services in the short-run, monetary policy is directed at directly influencing...
• The practice by Governments in which a government spends more money than it receives as revenue is referred to as:
• 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
• 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
• Which is not added in the calculation of national income of India?