national income, Macroeconomics

Assignment Help:
farmer grows a bushel of wheat & sells it to a miller for Rs. 1.00.

The miller turns the wheat into flour & then sells the flour to a baker for RS. 3.00. The baker uses the flour to produce bread & sells the bread to households for RS. 6.00. The households eat the bread.

What is the value added in every stages of production?

What is GDP?



Related Discussions:- national income

Traditional business cycle, casual factors of traditional business cycle an...

casual factors of traditional business cycle and its effects on the sectors of the economy

Estimate the equation which relates the equilibrium price, The inhabitants ...

The inhabitants of Fantasia live for two periods, 0 and 1. They consume a nonrenewable resource called Fantasium in each period. Fantasium has to be extracted from the ground and t

Output-maximizing model, For a single nonprofit provider, describe an outpu...

For a single nonprofit provider, describe an output-maximizing model to predict supplier behavior.

Show the analysis of cross model, Q. Show the analysis of cross model? ...

Q. Show the analysis of cross model? We can divide our analysis of cross model into three sections:  Aggregate demand. Aggregate demand is a major component of cross mo

Climate and terrain in several south american countries, Climate and terrai...

Climate and terrain in several South American countries are conducive to growing coffee efficiently. While other countries can grow coffee, they are not as efficient and effective

Economic system is the best solution, Which economic system is the best sol...

Which economic system is the best solution to handling a crisis of epic proportion?

Relation between nominal and real interest rate, Q. Relation between nomina...

Q. Relation between nominal and real interest rate? Relation between nominal interest rate, real interest rate and inflation  If we signify the nominal interest rate by R

Define price elasticity of demand, Suppose the price elasticity of demand f...

Suppose the price elasticity of demand for used cars is estimated to be 3 what does this mean?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd