National income identity for open economy - class-XII
| Description: national income identity for open economy | |
| Number of Questions: 17 | |
| Created by: Amal Dixit | |
| Tags: open economy macroeconomics economics determination of income and employment |
Imports of goods and services raises the _______ of foreign exchange.
The ratio of the total increment in equilibrium value of final goods output to the initial increment in autonomous expenditure is called the _____________.
Coefficient of correlation will be always ______________.
An economy which has trade relation with rest of the world is called an _______.
The aggregate demand in an economy will ____________, if the government expenditure rises.
The ____________, states, that if all the individuals in the economy increase the proportion of income they save, the total value of savings in the economy will
not increase, rather it would decrease or remain unchanged.
The critical elements of macro-economic environment are:
I. Economic system
II. Economic legislation
III. Economic Planning
IV. Economic Policy Statements
Of these:
What are 'open market operations'?
Which of the following defines balanced growth?
The level of income and employment in an economy is determined by the effective demand.
In an open economy GDP is composed of _______.
In an open economy GDP is the sum of ________.
DEPB stands for _______.
From the following equation estimate consumption when disposal income $Y _d$ is Rs.1000.
$C _0$=Rs. 200+0.80Y$ _d$
EOU stands for ______.
If supply of X products increases due to heavy imports, this will lead to ___________.
Net exports are negative when __________.