When there is unexpected fall in sales firms will have certain amount of unsold stock that they didn't anticipated. Such stock is known by:

The change in the inventory of a firm is treated as an investment. What are the major categories of investment?

(A) Investment Expenditure.

(B) Autonomous Investment.

(C) Fixed Business Investment.

(D) Residential Investment.

Choose the correct answer from the options given below:

A farmer producing cotton sells it to a spinning mill where it transforms into yarn; the yarn is, in turn, sold to a textile mill where, it transforms into cloth; the cloth is, in turn, transforms into an article of clothing which is then ready to be sold finally to the consumers for final use.

Based on the above example, while calculating Domestic Income in the economy, we will only include the article of clothing and ignore cotton produced by the farmer, yarn produced by the mill and cloth produced by the textile mill, in order to avoid __________.

Which of the following statements are incorrect ?

(A) Circular flow of income does not take place in a closed economy.

(B) Real flow consists of flow of factor services from households to firms.

(C) In a two-sector economy, total production is always equal to total consumption.

(D) Money flow consists of flow of factor payments from households to firms.

Choose the correct answer from the options given below :

To measure consumer price index (CPI) which of the following years are taken into consideration?

(A) Current Year.

(B) Preceeding Year.

(C) Base Year.

(D) Succeeding Year.

Choose the correct answer from the options given below:

Which statement is not related to the inventory.

Which of the following activity is a limitation to GDP as an indicator of welfare?