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(a) Is it true to say that "capital formation is a stock variable"? (b) Find National Income from the following data: (Rs.Crore)(i) Direct purchases of households from domestic market1,000(ii) Plant and machinery purchased2,500(iii) Residential construction1,550(iv) Investments by Government1,550(v) Exports by Firms700(vi) Inventory investment400(vii) Net factor income to abroad(−)40(viii) Depreciation150(ix) NIT(−)20(x) Imports by households200 OR Will the following be a part of domestic factor income of India? Give reasons: (i) Laptops purchased for office work (ii) Profits earned by the Indian company located abroad (iii) Construction of a residential building (iv) School fees paid |
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Answer» (a) Is it true to say that "capital formation is a stock variable"? (b) Find National Income from the following data: (Rs.Crore)(i) Direct purchases of households from domestic market1,000(ii) Plant and machinery purchased2,500(iii) Residential construction1,550(iv) Investments by Government1,550(v) Exports by Firms700(vi) Inventory investment400(vii) Net factor income to abroad(−)40(viii) Depreciation150(ix) NIT(−)20(x) Imports by households200 OR Will the following be a part of domestic factor income of India? Give reasons: (i) Laptops purchased for office work (ii) Profits earned by the Indian company located abroad (iii) Construction of a residential building (iv) School fees paid |
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