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Q9) How should the following be treated in estima ting national income ? Give reason :(i) Free medical facilities to employees.(ii) Pension to senior citizens.(iii) Interest payment by a government ow ned firm.
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Q9) How should the following be treated in estima ting national ...
1 . estimated in national income becoz it is a compensation for employees
2. not estimated in national income becoz it is a transfer payment and transfer payment are not included in national income
3. this is estimate in national income becoz it is a govt final consumption expenditure which is included in national income while calculating
Community Answer
Q9) How should the following be treated in estima ting national ...
1)taken in national income as it is a part of CE
2)not taken as it is transfer payment
3)taken as it is a part of OS
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Read the following passage and answer on the basis of the same : The subject-matter of economics is divided into two major branches—Microeconomics and Macroeconomics. Microeconomics studies the economic behaviour of individual economic units and individual economic variables, whereas macroeconomics deals with the functioning of the economy as a whole. Macroeconomics dealswith the broad economic aggregates or bigger issues, such as full employment, unemployment, full capacity, under capacity production, inflation or deflation, etc. Macroeconomics is concerned with the theory of national income, employment, aggregate consumption, savings and investment, general price level, economic growth, etc. Whereas, microeconomics is concerned with the theory of product pricing, factor pricing and consumer behaviour, etc.Positive economics is the branch of economics that concerns the description and explanation of economic phenomena. It focuses on facts and cause and effect behavioural relationships and includes the development and testing of economic theories. Positive economics is objective and facts based. Whereas normative economics is a part of economics that expresses value or normative judgments about economic fairness or what the outcome of the economy or goals of public policy ought to be. Normative economics is subjective and value based.For example, the statement, “government-provided healthcare increases public expenditures” is a positive economic statement and the statement, “government should provide basic healthcare to all citizens” is a normative economic statement.Assertion (

Read the following passage and answer on the basis of the same : The subject-matter of economics is divided into two major branches—Microeconomics and Macroeconomics. Microeconomics studies the economic behaviour of individual economic units and individual economic variables, whereas macroeconomics deals with the functioning of the economy as a whole. Macroeconomics dealswith the broad economic aggregates or bigger issues, such as full employment, unemployment, full capacity, under capacity production, inflation or deflation, etc. Macroeconomics is concerned with the theory of national income, employment, aggregate consumption, savings and investment, general price level, economic growth, etc. Whereas, microeconomics is concerned with the theory of product pricing, factor pricing and consumer behaviour, etc.Positive economics is the branch of economics that concerns the description and explanation of economic phenomena. It focuses on facts and cause and effect behavioural relationships and includes the development and testing of economic theories. Positive economics is objective and facts based. Whereas normative economics is a part of economics that expresses value or normative judgments about economic fairness or what the outcome of the economy or goals of public policy ought to be. Normative economics is subjective and value based.For example, the statement, “government-provided healthcare increases public expenditures” is a positive economic statement and the statement, “government should provide basic healthcare to all citizens” is a normative economic statement.Q. What do you mean by Positive Economics?

Read the following passage and answer on the basis of the same :The subject-matter of economics is divided into two major branches—Microeconomics and Macroeconomics. Microeconomics studies the economic behaviour of individual economic units and individual economic variables, whereas macroeconomics deals with the functioning of the economy as a whole. Macroeconomics dealswith the broad economic aggregates or bigger issues, such as full employment, unemployment, full capacity, under capacity production, inflation or deflation, etc. Macroeconomics is concerned with the theory of national income, employment, aggregate consumption, savings and investment, general price level, economic growth, etc. Whereas, microeconomics is concerned with the theory of product pricing, factor pricing and consumer behaviour, etc.Positive economics is the branch of economics that concerns the description and explanation of economic phenomena. It focuses on facts and cause and effect behavioural relationships and includes the development and testing of economic theories. Positive economics is objective and facts based. Whereas normative economics is a part of economics that expresses value or normative judgments about economic fairness or what the outcome of the economy or goals of public policy ought to be. Normative economics is subjective and value based.For example, the statement, “government-provided healthcare increases public expenditures” is a positive economic statement and the statement, “government should provide basic healthcare to all citizens” is a normative economic statement.Q. Macroeconomics is concerned with the theory of national income, employment, aggregate consumption, savings and investment, general price level, economic growth.

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Q9) How should the following be treated in estima ting national income ? Give reason :(i) Free medical facilities to employees.(ii) Pension to senior citizens.(iii) Interest payment by a government ow ned firm. Related: Scanner Chapter 3 & 4 (Macro Economics) - Class 12 (2013 - 16)?
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Q9) How should the following be treated in estima ting national income ? Give reason :(i) Free medical facilities to employees.(ii) Pension to senior citizens.(iii) Interest payment by a government ow ned firm. Related: Scanner Chapter 3 & 4 (Macro Economics) - Class 12 (2013 - 16)? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Q9) How should the following be treated in estima ting national income ? Give reason :(i) Free medical facilities to employees.(ii) Pension to senior citizens.(iii) Interest payment by a government ow ned firm. Related: Scanner Chapter 3 & 4 (Macro Economics) - Class 12 (2013 - 16)? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Q9) How should the following be treated in estima ting national income ? Give reason :(i) Free medical facilities to employees.(ii) Pension to senior citizens.(iii) Interest payment by a government ow ned firm. Related: Scanner Chapter 3 & 4 (Macro Economics) - Class 12 (2013 - 16)?.
Solutions for Q9) How should the following be treated in estima ting national income ? Give reason :(i) Free medical facilities to employees.(ii) Pension to senior citizens.(iii) Interest payment by a government ow ned firm. Related: Scanner Chapter 3 & 4 (Macro Economics) - Class 12 (2013 - 16)? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of Q9) How should the following be treated in estima ting national income ? Give reason :(i) Free medical facilities to employees.(ii) Pension to senior citizens.(iii) Interest payment by a government ow ned firm. Related: Scanner Chapter 3 & 4 (Macro Economics) - Class 12 (2013 - 16)? defined & explained in the simplest way possible. Besides giving the explanation of Q9) How should the following be treated in estima ting national income ? Give reason :(i) Free medical facilities to employees.(ii) Pension to senior citizens.(iii) Interest payment by a government ow ned firm. Related: Scanner Chapter 3 & 4 (Macro Economics) - Class 12 (2013 - 16)?, a detailed solution for Q9) How should the following be treated in estima ting national income ? Give reason :(i) Free medical facilities to employees.(ii) Pension to senior citizens.(iii) Interest payment by a government ow ned firm. Related: Scanner Chapter 3 & 4 (Macro Economics) - Class 12 (2013 - 16)? has been provided alongside types of Q9) How should the following be treated in estima ting national income ? Give reason :(i) Free medical facilities to employees.(ii) Pension to senior citizens.(iii) Interest payment by a government ow ned firm. Related: Scanner Chapter 3 & 4 (Macro Economics) - Class 12 (2013 - 16)? theory, EduRev gives you an ample number of questions to practice Q9) How should the following be treated in estima ting national income ? Give reason :(i) Free medical facilities to employees.(ii) Pension to senior citizens.(iii) Interest payment by a government ow ned firm. Related: Scanner Chapter 3 & 4 (Macro Economics) - Class 12 (2013 - 16)? tests, examples and also practice Commerce tests.
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