Class XII

Investment is a
  1. Non economic concept
  2. Stock concept
  3. Flow concept
  4. Hypothetical concept
Which of the following are not included while estimating domestic product of India?
  1. Commission paid to dealer in old car
  2. Brokerage on sale of shares
  3. Clothes given to beggars
  4. Free cloth given to workers
Households give factors of production to firm and firms in turn supply goods and services to Households. Is it true in a two sector model?
  1. Can’t say
  2. FALSE
  3. 1
  4. Never
Net Investment is Gross investment – depreciation.
  1. Never
  2. 1
  3. Can’t say
  4. FALSE
GDP Fc = NDP fc + depreciation
  1. Can’t say
  2. FALSE
  3. Never
  4. 1
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