+91-8076753736 support@wiredfaculty.com
logo
logo

Sponsor Area

National Income Accounting

Question
CBSEENEC12013560
Wired Faculty App

Define flow variables. 

Solution

Any variable whose magnitude is measured over a period of time is called a flow variable. For example, interest on bank loan, for 1 year, i.e. from April 01, 2008 to March 31, 2009 is a flow variable.

Some More Questions From National Income Accounting Chapter

What is meant by macroeconomics?
or
Give two examples of macroeconomic studies. 
or
Why is study of problem of unemployment in India a macroeconomic study?

Define microeconomics. Give one/two examples of microeconomics. Is study of cotton textile industry a microeconomic study or macroeconomic study? 

Distinguish between microeconomics and macroeconomics. Give an example of showing the difference between microeconomics and macroeconomics.

Briefly explain the following basic concepts related to NI:
 National Income (NI).

Briefly explain the following basic concepts related to NI:
Final Goods and Intermediate Goods. 

Briefly explain the following basic concepts related to NI:
Consumption Goods and Capital Goods

Briefly explain the following basic concepts related to NI:
Flow and Stock Concepts

Briefly explain the following basic concepts related to NI:
Gross Investment and Net Investment

Briefly explain the following basic concepts related to NI:
Domestic (Economic) Territory

Briefly explain the following basic concepts related to NI:
Normal Residents

Mock Test Series

Mock Test Series

NCERT Sample Papers

Entrance Exams Preparation