Social accounting system in India classified into

• enterprise, households and government

• assets, liabilities and debt position

• public sector, private sector and join sector

• income, product and expenditure

Forced saving refer to

• taxes on individual income and wealth

• compulsory deposits imposed on income tax payers

• provident fund contribution of private sector employees

• reduction of consumption consequent to a rise in prices

The demand for labour is called

• direct demand

• derived demand

• factory demand

• market demand

Which of the following is not an investment expenditure in goods and services?

• Purchase of a house

• Purchase of a machinery

• An increase in business inventories

• Expansion of the main plant of a company

Which one of the following represents the savings of the private corporate sector?

• Undistributed profits

• Total profits of a company

• Excess of income over expenditure

• Dividends paid to shareholders