ATQ, \Quantity I: Let monthly income of R is Rs. ‘r’ So, 0.55 × 0.60 × r = 2640 Or, r = 8000 So, amount spent on paying Gym fee = 0.45 × 8000 = Rs.3600 So, Quantity I = Rs.3600 Quantity II = Rs.3640 Therefore Quantity I < Quantity II
Which of the following occupations are included under secondary sector as per the national income accounts?
1. Manufacturing
2. Constructi...
An inferior good is one for which an increase in income causes a(n)
Which of the following statement is correct with respect to inflation in Indian economy?
Which of the following transaction is being ignored while calculating national income?
In India what is the current base year being used for the calculation of GDP?
If two or more than two goods are used to satisfy the same want, they are called
Which of the following is not a method to calculate GDP?
The term ‘Gross’ is being used for Gross Domestic Product (GDP) because its computation does NOT exclude which of the following factors?
Which of the following methods is used to control inflation in India?
When a price ceiling is imposed in a market,