+91-8076753736 [email protected]

-->

Non-Competitive Markets

Question

Wired Faculty App

Why are imports not included in computing national income?

Solution

Because imports are not a part of domestic product.

Some More Questions From Non-Competitive Markets Chapter

Giving reasons categorise the following into intermediate products and final products:
(i) Furniture purchased by a school
(ii) Chalks, dusters purchased by a school.

Consumption Goods and Capital Goods

Flow and Stock Concepts

Giving reasons categorise the following into stocks and flows:
(i) Losses (ii) Capital (iii) Production (iv) Wealth.

Gross Investment and Net Investment

Domestic (Economic) Territory

National Income at Current and Constant Prices (Nominal and Real NI)

Consumption of Fixed Capital (Depreciation)

Factor Cost vs. Market Price (or Net Indirect Taxes)

Net Factor Income from Abroad (NFIA)

Mock Test Series

Mock Test Series

NCERT Sample Papers

Entrance Exams Preparation