Problem on National income
Providing reasons, describe the treatment assigned to the following which estimates national income.(i) Family members working freely on farm owned by family.(ii) The Payment of interest on borrowings through general government.
Expert
(i) Imputed salaries of such members will be comprised in national income.
(ii) This will not be comprised in national income since it is non-factor payment as the general government borrows just for consumption purpose.
Explain Cost of goods and how they are used in estimating gross profit and net profit of the business?
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Why it would be useful to examine a balance of payments of the country data?
What is the meaning of Electronic Fund Transfer. Briefly describe it.
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Specify the basic motivations for the counterparty to enter into the currency swap.
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Explain the Maximum factors influences and involvement which will depend on the performance and success of the employees ?
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