CBSE Class 12-commerce Answered
Differentiate between retirement pensions and old age
pensions in the context of estimation of national income.
Asked by Topperlearning User | 15 Apr, 2016, 02:30: PM
Expert Answer
Retirement pensions are like a deferred wage. These are relevant to factor services rendered earlier by the recipients and are included in the estimation of national income. Old age pensions are unilateral payments and are not included in the estimation of national income.
Answered by | 15 Apr, 2016, 04:30: PM
CBSE 12-commerce - Macroeconomics
Asked by n0324352 | 21 Nov, 2023, 08:59: PM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 15 Apr, 2016, 02:30: PM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 15 Apr, 2016, 02:30: PM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 15 Apr, 2016, 02:30: PM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 15 Apr, 2016, 02:30: PM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 15 Apr, 2016, 02:30: PM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 15 Apr, 2016, 02:30: PM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 15 Apr, 2016, 02:30: PM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 15 Apr, 2016, 02:30: PM
ANSWERED BY EXPERTCBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 15 Apr, 2016, 02:30: PM
ANSWERED BY EXPERT
