Which of the following is a factor income? Option 1: Interest Option 2: Money received from sale of land Option 3: National debt interest Option 4: Subsidy received from government

The answer is 'Interest'. View full solution:

CUET Economics - Which of the following is a factor income? | PYQs + Solutions

CUET Economics

Macro

Easy

Interest

Money received from sale of land

National debt interest

Subsidy received from government

✅ Correct Option: 1

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28 May Shift 2

A country in the year 2000 produced 100 units of bread at price of Rs 10 per bread. GDP at current price was Rs 1,000. In 2001 the same country produced 110 units of bread at price Rs 15 per bread. What is the GDP deflator?

CUET Economics 2023 Slot 2

Real G.D.P. increases only when.

30 May Shift 1

Match List-I with List-II

List-I	List-II
(A) GDP at constant price	(i) known as Nominal GDP
(B) GDP at current price	(ii) Increases only when there is increase in the quantum of output in the economy.
(C) Welfare of the people	(III) known as earned income
(D) Factor income	(IV) Measured in terms of the availability of goods and services

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CUET Economics PYQs

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