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

What is the significance of revenue deficit?

There is no equivalent cash to the amount of demand deposits with the banks even then why should the demand deposits be taken as a part of money supply?

Will the following items be included or not in National Income of India? Give reason for your answer.
Employers provide free meals to their employees in the factory.

Categorize the following items into Revenue and Capital Expenditure.
Statement-Expenditure incurred on administrative and defence services.

What are stock variables?

What does a point below production possibility curve indicate?

When is there a deficit in the balance of trade?

OR

What does a deficit in balance of trade account indicate?

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

What items are included in the M, measure of money supply?

What is that market called wherein there are only few sellers (firms)?