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

Related MCQs

• National income accounting is the study of the income and expenditure of the entire -
• The dominant body of economic thinking, economic method and economic style in the period from 18th to 19th century is termed as
• Acording to Keynesian theory of income determination, at full employment, a fall in aggregate demand causes -
• Which one of the following is not included while estimating national income through income method?
• The total utility from 9 units of commodity x is 20 and from 10 units is 15. Calculate the marginal utility from 10th unit.
• The national economic self-sufficiency i.e., exclusion from international trade pursued as a national policy is called:
• Net National Product in National Income Accounting refers to -
• Economies of Scale means reduction in
• Savings rate is relatively low in developed economies because of -
• Economies of a firm are :