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2. State, whether the given statement …

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2. State, whether the given statement is true or false : ‘Unexpected obsolescence is a component of depreciation.’ 1 3. ` 2,000 note lying in wallet of Rohini, a student is an example of ______ (stock/flow) variable. (Fill up the blank with correct alternative.) 1 4. Define intermediate consumption. 1 5. Loans offered by commercial banks ______ (increase/decrease) the money supply in the economy. (Fill up the blank with correct alternative.) 1 6. The sum of factor payments is equal to _______. (Choose the correct alternative.) (a) Domestic Income (b) National Income (c) Per Capita Real Income (d) Per Capita Nominal Income. 1 7. State, whether the given statement is true or false : ‘Expenditure on Ujjwala Yojana launched by the Government is an example of capital expenditure.’ 1 8. Define full employment. 1 9. If the value of Average Propensity to Consume (APC) is 0.8 and National Income is ` 4,000 crore, the value of savings will be _______. (Choose the correct alternative.) (a) ` 100 crores (b) ` 200 crores (c) ` 800 crores (d) ` 500 crores 1 10. Give any one example of ‘debt creating capital receipts’ in the Government Budget.
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