Study the following chart of Employment and Gross Domestic Product. Analyse the trend of the two variables between 1990-2012. Analysis of the trend between 1990-2012:
Study the following chart of Employment and Gross Domestic Product. Analyse the trend of the two variables between 1990-2012. Analysis of the trend between 1990-2012:
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Solution and Explanation
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Read the following statements carefully:
Statement 1: Expost savings and Expost investments are equal at all levels of income.
Statement 2: Under the effective demand principle, the equilibrium output is equal to exante Aggregate Demand (AD). In the light of the given statements, choose the correct alternative from the following:- In a hypothetical economy, if entire additional income is consumed, the value of investment multiplier would be . (Fill up the blank with the correct alternative.)
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Calculate Net Value Added at Factor Cost (NVAfc) from the following data: \[ \begin{array}{|c|l|c|} \hline \textbf{S.No.} & \textbf{Particulars} & \textbf{Amount (in Rs. lakh)} \\ \hline (i) & \text{Fixed capital goods (expected life span 5 years)} & 15 \\ \hline (ii) & \text{Domestic Sales} & 200 \\ \hline (iii) & \text{Change in stock} & 10 \\ \hline (iv) & \text{Exports} & 10 \\ \hline (v) & \text{Single use producer goods} & 120 \\ \hline (vi) & \text{Net indirect taxes} & 20 \\ \hline \end{array} \]
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Study the following chart of Employment and Gross Domestic Product. Analyse the trend of the two variables between 19902012. Analysis of the trend between 19902012:
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Top GATE XH-C1 Questions
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