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

Giving reason state whether are included or excluded in/ from domestic territory.
Indian Embassy in China.

Explain with the help of an example, the basis of classifying goods into final goods and intermediate goods.

Classify the into consumer, intermediate or capital goods.
Bread and butter used by a consumer household.

India is suffering from the problem of inequalities in the distribution of income and wealth. How can a budget be used as an instrument?

Explain the two components of government budget.

Which transactions determine the balance of trade? When is balance of trade in surplus?

The second name of macroeconomics is price theory.

Visits to foreign countries for sightseeing etc. by the people of India is on the rise. What will be its likely impact on foreign exchange rate and how?

Out of the values of APC and APS, which one can be greater than one and when?

Calculate budgetary deficit from the following data:

S. No.	Items	₹(in crore)
(i)	Total expenditure	1,00,000
(ii)	Total receipts	88,000