+91-8076753736 [email protected]

-->

National Income Accounting

Question

Wired Faculty App

Giving reasons classify the following into intermediate products and final products:
Chalks, dusters, etc. purchased by a school.

Solution

Chalks, dusters, etc, are a final product as they are used for final consumption and does not undergo any further processing.

Some More Questions From National Income Accounting Chapter

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

Briefly explain the following basic concepts related to NI:
National Income at Current and Constant Prices (Nominal and Real NI).

Briefly explain the following basic concepts related to NI:
Consumption of Fixed Capital (Depreciation).

Briefly explain the following basic concepts related to NI:
Factor Cost vs. Market Price (or Net Indirect Taxes)

Briefly explain the following basic concepts related to NI:
Net Factor Income from Abroad (NFIA)

Mock Test Series

Mock Test Series

NCERT Sample Papers

Entrance Exams Preparation