An Increase in national income because of an increase in price is called-

Related MCQs

• The ratio of the total increase in a country’s national income to the increment in export revenue generating the increase is called:
• Which one of the following is not included while estimating national income through income method?
• National income accounting is the study of the income and expenditure of the entire -
• Net National Product in National Income Accounting refers to -
• The study of whole economic systems aggregating over the functioning of individual units. Specifically, it is study of national economies and the determination of national income. It is known as
• Which law of economics states that “with given preferences or tastes, the proportion of income spent on food diminishes as income increase”?
• The value of the vegetables a retired school teacher grows in his lawn is excluded from the calculation of national income because:
• An increase in per capital income is not an indication of an increase in the economic welfare of the people -
• National Income is also called as :
• The national economic self-sufficiency i.e., exclusion from international trade pursued as a national policy is called: