A ‘Transfer Income’ is an–
339 06512a0e9af64a2609c621915Income which is not produced by any production process is called transfer income. It is generally money received by an individual or family from the state or other body, often the pension or unemployment benefit.
GDP at factor cost equals–
230 0651293bb56a7b2508cb4db19A rising per Capita Income will indicate a better welfare if it is accompanied by –
244 0651292f156a7b2508cb4d87cA rising per Capita Income will indicate a better welfare if it is accompanied by changed Income distribution in favour of Poor.
The Effect of ‘Investment Multiplier’ is shows on–
244 0651291449c491b8125bcbfb3Investment multiplier means those elements by which investment is increased and due to increasing of investment. There is increase in income and production. So effect of ‘Investment Multiplier’, according to above options is shown on income