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Chapter 2 : National Income Accounting - 3
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Gross investment, Net investment, Depriciation, stocks and Flows explained

Rahul Shakya
Made 500+ Free Public Administration Lessons, University Gold Medalist ~ Mech. Engg, 92.8% in 12th, Perfect Presence Awardee LET'S CRACK IT🎯

U
Unacademy user
10/10 sir pls make these type of series for the whole biology course.
he waste too much time n repeat too much
Rahul Shakya
8 months ago
He left the Unacademy as well
  1. Macroeconomics Class 12th Economics NCERT Summary BY RAHUL SHAKYA unacademy Macroeconomics


  2. ABOUT ME- MECHANICAL ENGINEERING STUDENT , UNIVERSITY TOPPER -12 WITH q2.8% (CBSE) UPSC CSE ASPIRANT 1 YEAR EXPERIENCE AS PHYSICS & CHEMISTRY TUTOR FOR 12th . LOVE TEACHING . RATE! REVIEW! RECOMMEND! www.UNACADEMY.COM/USER/RRAHUL007


  3. Common Measuring Rod In order to get the quantitative assessment- a measure of the total final goods and services produced in the economy we need a common measuring rod Money > Common Measuring Rod Since each of the commodities is produced for sale, the sum total of the monetary value of these diverse commodities gives us a measure of final output. .Why final goods only ?? To prevent double counting.


  4. Difference between Stock Variables & Flow Variables> Flow Stock Flows are defined over a period of time Stock are defined at a particular point of Dynamic Time is more important time Static Time is less important Change in stock over a period of time is called Flow


  5. Concept of Gross Investment & Net Investment . 5kGross Investment Machine, Tool, Buildings 2kNet investment . Net Investment Gross Investment - Depreciation