Determination of Income and Employment — Economics STD 12 Humanities & Commerce — Question

Categorize the following items into Revenue and Capital Receipts.
Statement-Dividends on investments made by government.

Will the following items be included or not in National Income of India? Give reason for your answer.
Free uniforms supplies to nurses in a hospital.

Define perfectly elastic demand.

What change in TR will result in a decrease in MR?

Because of product differentiation under monopolistic competition, price tends to be higher than what it ought to have been in real terms and hence consumers suffer. How?​​​​​​​

Will the following items be included or not in National Income of India? Give reason for your answer.
Purchase of books for children by parents.

Name two sources of supply of foreign exchange.

In which market form are goods sold at a uniform price?

What is the meaning of primary deficit?

Give equation of Budget Line.