Question
Explain the meaning of under-employment equilibrium. Explain two measures by which full-employment equilibrium can be reached.
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.
| $(₹$ in crores$)$ | ||
| $(i)$ | Rent and interest | $6,000$ |
| $(ii)$ | Wages and salaries | $1,000$ |
| $(iii)$ | Undistributed profit | $400$ |
| $(iv)$ | Net indirect taxes | $100$ |
| $(v)$ | Subsidies | $20$ |
| $(vi)$ | Corporation tax | $120$ |
| $(vii)$ | Net factor income to abroad | $70$ |
| $(viii)$ | Dividends | $80$ |
| $(ix)$ | Consumption of fixed capital | $50$ |
| $(x)$ | Social securty contribution by employers | $200$ |
| $(xi)$ | Mixed income | $1,000$ |
| S.No. | (Rs. crores) | |
| 1 | Current transfers by government. | 15 |
| 2 | Private final consumption expenditure. | 400 |
| 3 | Net current transfers from the rest of the world. | 20 |
| 4 | Government final consumption expenditure. | 100 |
| 5 | Net factor income from abroad. | - 10 |
| 6 | Net domestic capital formation. | 80 |
| 7 | Consumption of fixed capital. | 50 |
| 8 | Net exports. | 40 |
| 9 | Net indirect taxes. | 60 |
| $(₹$ in crores$)$ | ||
| $(i)$ | Government final consumption expenditure | $4,000$ |
| $(ii)$ | Private final consumption expenditure | $3,500$ |
| $(iii)$ | Gross domestic capital formation | $1,100$ |
| $(iv)$ | Net exports | $500$ |
| $(v)$ | Net factor income from abroad | $100$ |
| $(vi)$ | Net indirect taxes | $300$ |
| $(vii)$ | Subsidies | $40$ |
| $(viii)$ | Change in stock | $80$ |
| $(ix)$ | Consumption of fixed capital | $120$ |