Assignment work no 6 (29 may) answer

1. ASSIGNMENT WORK NO. 6
CLASS 12TH
COMMERCE
M.M. – (10)
TOPIC –National Income
Q1. The word macro has been derived from Greek word…………. Which means……….
Makros, Large
Q2. Only ………………….goods are included in national income to avoid double
counting. Final Goods
Q3. Final goods are used by the………………….(Consumers/Reseller) Consumer
Q4. Car purchase by a taxi-operator is…………………(Capital Goods/an Intermediate
goods) Capital Goods
Q5. Which variables are defined as any quantity measured at a particular poin of
time? Stock
Q6. Flow is a……………………..
(a) Static concept *(b) Dynamic concept
(c) Both (a) and (b) (d) None of the above
Q7. Capital and investment:
(a) Both are flow variables (b) Both are stock variables
*(c) Capital is stock while investment is flow
(d) Investment is stock while capital is flow
Q8. Which of the following is a factor income?
(a) Old age pension (b) Unemployment allowance
*(c) Interest received by a household from deposits in a bank
(d) Pocket money

2. Q9. Identify the transfer income from the following:
*(a) Gifts received by employees from his employer on Diwali.
(b) Retirement pension
(c) Dividend
(d) None of these
Q10. Gross fixed investment + Inventory investment - ………………. = Net Investment.
Depreciation.