National Income Accounting — Economics STD 12 Humanities & Commerce — Question

What happens to economy's output, income and employment when there is a deficient demand?

Are the concepts of demand for domestic goods and domestic demand for goods the same?

Name the components of domestic factor income in the income method.OR
Name the components of factor income.

Given the consumption function C = 100 + 0.06Y, what will be the value of autonomous consumption.

Name the three industrial sectors into which all production units are broadly classified for the measurement of national income.

Define flows.

When is there a deficit in the balance of trade?OR
What does a deficit in balance of trade account indicate?

Will the following items be included or not in National Income of India? Give reason for your answer.
Depreciation (consumption of fixed capital).

Define secondary sector.