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National income accounts have three sides: a product side, an expenditure side and an income side. So there are three methods of measuring national Income. They are 1. Output/Production or value added method 2. Incomemethod 3. Expenditure Method · The product side measures production based on concept of value added and has two widely reported measures of overall production namely, Gross Domestic Product (GDP) and Gross National Product (GNP). · The expenditure side looks at the final sales of goods and services, Whereas the income side measures the distribution of the proceeds from sales to different factors of production. · Accordingly, national income is a measure of the total flow of ‘earnings of the factor-owners’ which they receive through the production of goods and services. · Thus, national income is the sum total of all the incomes accruing over a specified period to the residents of a country and consists of wages, salaries, profits, rent and interest.
Statements: T ≤ K = E ≤ Q, J = Q < H ≤ S ≤ V, A ≤ V < O = Y
Conclusions: I. T < V II. O ≥ H
those statements. Taking the given statements to be true even if they seem to be at variance from commonly known facts. Read all the conclusions and th...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance...
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is/are definitely true and the...
Statement:
Only few Lion are tiger
No tiger are dog.
Only cat are dog.
Conclusion:
I. Some lion are tiger.
<...Statement
Only a few Mirrors are Shadows
No Shadow is a Reflection
All Mirrors are Refractions
Conclusion
I. Some Mi...
Statements: A < B < C < P > Q
Conclusions: I. Q < B II. P > A
...Statements:
All books are erasers.
No sharpener is pencil.
All pencils are books.
Only a few pencils are bright.
Conc...
Read the given statements and conclusions carefully and decide which of the conclusions logically follow(s) from the statements.
Statements:
