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Bislay MACRO EComertcs,
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Prot) Nakionel Sncame !
Nokona Sree chang Counkhy meni Hue com ylbe vale
CUS greda ond wervices produced ly amy corti dusing
Des Joancial year. S30 Mure Hae comeguence oh all econrmee
OcHui tes Mask one Aumaing many County during te perod
A) ome weer -ShSo Valued in Sema Ymeney. Su Bherk ane
Con vam, Yoak aioe Gweome hans county de Mre
oral awsurk a Weome Hak vo acrvecl by A through
Varteus economic activites im ont pear: Studs alse
h elpyutl in deterraining Hig procesd of He coumbay,
+ Cortert!
Tans one vorteus concephs af wekiovall Sncome
SmreLudk HOP, ANE, NN, NL, PL, OT, ah POT wer
erepflain as Apeks 4 Srconsi'c gcktuites-
AY COP ok marek paces So money, Value dh oll goods ancl
wersices Prokued within Me domestic domain witty te
anailode nesources Bsus a een.
de 2(e*a)
Wire ,
CrOP > gpars dowiclic Rrodack
Pe Price of pede oval wewicer «
Ar Quaukiy 4 goods onal newieer:
ODP do nade up ql 4 Componente
[+ Commumy tem
2% Imvolmene
Bs government expendi re
Wr Nek Jurcign exports Ba colby,ous
PEELEULELS ES YLULUULELUEULOUOObOY
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Wns,
Ce Coden Lousumg ion
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(x-¥). Ex pork watnus impor
BY Crners Native’ Qroduct (IAN): Sm matlec Vollse Agad
Opede md eruices praduced in a wyeor by He atridl rats of
Hea Covndhy WKN Khe domerkie Rarhitery 00 well an abrrode
GNP vo volke apedo and wrsruices Her Yat coun
CiMrene prcdece repadliss a) Hein Deeokon .
QNP2 GOP+NErA A,
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(KA) 2 Expose minis impor
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C-) Nek Nokon Pnoduer (poe) ok APF co market value of
wet oureak gf Jira goodo od semice produceh by om economy,
during ogee and nek Setter inewme Sram alahaad -
NUPa CNP Depnecttiaacon
OR NP Ce Naty (eM) NPs a 1TH
Depax cishion
Wwe,
L* Lousumption
Tt SuesmenkNN eR caret
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> Der) Export wiuuo Simpart
NFER § Nek Factah Sneame draw ebraad «
TT» Sadine Tares *
ede
D.) Nokona) Snowe, (NI)! Sales ken 09 nehoual reo eat
decor coat which means johul drcome earned by acter
cant which weame total income eee by resources Jor
Wai combdoukten AWA, Debror, capinl ond aganinatronal,
ally, - Mence 5 Bee oun A MH Income aecived by Jacket 4
Preduchion im Hat doaun get, asec, Seberse 9 Octo
Sehereok oul profit thus called National
+ Spwraltcalds or oo por et Prwtiale
Nia NN@+ Suteaidtes— Stems tarces
OA , UNE- Depaedif akion © Subsidies -Indinect taxes.
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Subsidies -
e
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a €)Pesowall Smeome [PI]! Sete total wens Income aeceived
S Sniividule ond over raldo aha county drom old pass Wo Sources
2 defeat dined tes rnedunt gursowl Sacame can be ex prssseal as
zl Jews’
. Plrawye Conpartt Sneeme tases ~ Uwkb Und stattbubed
5 Conpanake Paradies - Social Decunrhy Corditouttont tomealen prymete
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& ahr ho Payment of direct taxes grem Perbond Income . Sus doe
SS actual dneom ¢ ddr BOA disposal gh Hap can be Ape nt gn
i = eumption by SndividuadsDirect tare
3 Ofer Capita Sneome Per)! Or ute caleabated by dividing Me national
we Sweome ah Hee countiy by the total popalahen of aceuntay -
We Wes, PC1 a tote Notiond) Oneome| taal Natioral popaletin
a : © Meare ment a Natinel Income
re rete Bmeome t Compenration 4 Empbozees + opeashny
we Suipheo winced [wtes rat) + Nek fpetanSucome jrom abrancl
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I > 1s Mixed Income
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hs Nadie oe cam callulabe N10
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i 4 Noktona® income a iy. N-P — Last 9 capi ted — 8 De preciokion—
rl 4 Dndiiect torus.
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re We con coleulete N 1 Hemy Heroun) E :
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* Swereane Me growth she AM econe
ean li lale
Fo?)
Economie Refarus qf i3gi:
THe yer 155) sau Indian
Obie was tAigyoed by
The © criss was cou:
doce an ep unpreccolented Giaanciad
wanes balomte. of thimead Sliedter,
pated Inho 4 gollen CfPant nity, TO Ned hem
Mee countauo Feomoue situahin ad maahsmopy ond Sntrooluce |
Jyndamendeall Cheung WA. Cromamate tabieg. |
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The qouenment broug it he Stret y pad Axarmo enol Ste bikirelion
FaQicies while no
Emowed on He Nscal anol BSP provdes
Tadlatn Gime minister, lane M2 New Cronsmte Pere, (wer)
Wan Sntreduced was Py Narsoinke flan Roe aud tos Yirence
Minishes Wan DR-Mase wchen Stugh
+ Objeues A New Economic Role.
+ Ewken imto Hy diel 4 ‘geblirahion' orot
mathe ~ onlenhed «
* Reduce Me \wYfakton duke oud vel nec tidy
(S80
wmoks He Crome way meht
iwbdances iy Payment.
a ond crenhe o He
pe Joreign extharne reserues . ed)
* Stakibze Wy Ceomema ard conuat the eronown,
Ceomomy byte removal A Uawabed,
© Aldo Hux Subewdtonal Yous of yoko , opin, oervices srewalgs,
Woman vabouices ete. utneut FOO wane, restricHoun, .
© Entrance He paatiipnukion of Privete Phere on ll rer tary
of te Feonouny - Por Hits, thy
Jr Ammenk Were Aecluce ty)
2) IHS 8 nen hat
Webvtetoun,WSS Stepo under Cconomre ead med gf 1541?
WP on Dremel gf the new econ smc Polley are Heemted ato! «
WY 4 Uverohretien
: Yo9. Briueb rabton
re 3: G2eradirahion
fy he DovAMmmenk Seught 4 Pen Up Kee Indian Coons “3
re. Haroun Hunt measuus onal BEd India asm a Souiek- wraslef
BY economy toa menol Feononng Hun Jean enge!
Ney Proceas ancl
WY a aniston woo done iw igal.
5
> 1 Se thew Unden Ubertinken ¢
Po DGameng
Pe Srour ,
0 Landes were iver Me fwedem ko dekorvai ne,
Pd decade Mal, toMy he Reeve Beek tala yaad te
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= Dained 40 Rd Crore -
i = 3) Srdiom Swdinkoien wera given the dpaslow
fo Sugosk capital)
u 3 Beets ike machinery ond naw materiale
fre dartign cunbve.
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: DF Copied 4) Snductates «
res Balin d) Acstxick ve onde prschien.
BF ttl Oa wane Hom Re,
BS NATE dons leo gn wanilion ond feature
> (@ueTe) ea tse).
> 6.) Snduotiad Kieenmivg anh vegishaats
—~) OD per Hhiny He prtvale decor oy due
ducknirs Lotto
eM WEAR Kemoved :
40 Stak a now ventwe
obinining Uicenses e repe det He
Dowsing vectors (wie whild need Jicense).G
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1) Cigarette
3) Lig vat
3) Tretuobvia explosives
A) Harendous Chamicada
S) Delemce equipment
6) Ruy
“Steps tuleen
Yvrcla Privahisbion:.
Ratu
raklien agar bo openina up te grinke wectan be
Sndwotwie Mab were Previous resoued for du ¥
Ov enment Secton .
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Jer exemple, dere oh Mok
vdyog Ltd wer Sofld topruake -
Rorttes.
D Divinvertene ty ee
Pavoke Secran,
BY Ths, cmon ASmdvornre Het Wer permved jaw
Wehic weer wes decueaned jum It fo ly 2. Hua ane
VD Traabode out reihoays
2) Prowic emery
3) Mining df oboe uinmerdl.
. Shope taken undan gphoroui sak» oa
+ Olle bali'satron vufurrs to open up Me Economy mens
toads Garign Snveabemert arol 5
thal trade .)) Rebvekion Su Rdhp a groduall reduchiow In de cup brs
utes ond WEY om experts ac Snpetho to mnake Sadan
atascte 10 global Snuestanend »
3) Long Norn toad pabioy trade Pibing war endarced Jd *
Qe dusekion » Hu emai fetus J to trade policy cos —
1) Us end Pacey
2) Em comrage meu Boge Come ehikeon
3) Cowrrelle on oredr td vere removed -
3) Beene 1591, Smpords fo Sndla wee Aegabled bya
Prove Mor gh relly Sap athe tens. 2
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24) THe Sudian Cornenes tio wade peakallas con verb
re S) Tae cgay Limit D deen capi tell Suvesheent wer sracoed
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eS any) —* ‘
a Aes) Busimers cy bo!
—& *Reapitalishe ceomomy axpaiences Muctvations 9n He duel
BB Aeeomomic adkiuily Aud PKeFOMOW Bn “econ amet activity
4 neon Bhrckvetions TW mrdweconmnic Gariahlles .
5” Ar Mes, Comsumprions , Snuedtmn ewks, strrplegmend, output, che.
> Set ond ak ofntn Manas Mrand waerreconounic vartallen . jell
Bes a2t. Parctatows Sm MEAS tcommnt Varah one known as
fede betes eo oA Copitabish’e eeonownny expla ibs alternating
gato A prosperity, or rer andl deprrason -
aSimce WNP Ga the Comprebensive measure of io overclf
Cromemic octuty ywe mar FO bualiass a, cycle oo He
Shore AeAvA reg cyte Movement Im GNPTn Brig, a business Cae w Hee price bub egal
Up- ord-down mevenment dn
a Characheliones of Buotrrey eyes
)Taduoroiadined cayialihe econmmien wiktoaes eyeball — |
peVewment Sn ecomomic oebutties. N Socialist ecomomy 42
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th Rduartisenreuds © |
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tit LD repentive
economic le
iS) Soy eaNiuad acdaue alba, mavue ate Wants |
ond recognised poler re. that BD Say
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Cah eal movements: mat 4 al sectud wove |
Fege Hes Sn te weme Aiedton
iv) Net ad tuo industries ory Aeched vnifibirmy. Seen 0 |
ors rit badly during depruesion vil 6 Hus ous wet i
apered vertonolyy,
Swoubmet peedd inolesbules plulate was Your
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SYSUESEGUDUUEEbbEEC EEE EELS
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i V) Owe dao cesses We kedansy Jot Comrames goods
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I
TG, Vi) Suor of oukpuly move together Sadie Some
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t
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mM
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EN» Gensolitisie qBilactadived Wixy Counkay ge trantiteat
ns
Np RH Conner
ix} Rerteaiciia, aa wade cycle iv not ontdpan 1 Hon esagh
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Yeas Jpown peak to peak.
x) Every tyebe tan Jour alishinck phase (0) deprmsion,.
(B) reuiva, (6 Presperty oh boom, are (dA) rcedoionr -
Trme
Business cade (9°)
~UUUUUUDUUSEEUUUUbEdEECdEddSackign = 2
Prog Metrocconomic Paliy + sh Contanmad. usith Ha afesatin
OF He Ctorory a g while. tm btrasd Aarns, te pool
PRPA of macroeconumic halicy iy 40 brouide o
sale Ceomomic Crisermont Hot sy Conducine
ate ing Atvong ond sttcharnoble Clonee
pon whieh the Geation of Jaber , addth
al Dining thordods dahend -
Sas
/ x
Meonnactotey Jookiey ond fincal hahiry
* 1 0 wed Cinrod haliy Attar to the
dso wart waidely n0cognined tool wed
intluance © nohion's ae
ley as baimanily oncesmad ot
dhe womagoment pf intarear wos md He
aa s af monsy im dacutebion ond
3 coasizd ot by contol bets,
6 2 peficy Collective Aeron for ths
weg ont aborting aii of Jousrurt,. Im
ere atira, tte bobore? Ffaiead bellicy
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holi4y te Cithen Abirufols an Cromong om '
chock ir growsl by tnconbiuigg Jndddned’s
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polity Oink te abun Ecomoric acinily . onmansh
boy, suadselny abedig rod anwcetivzicp Aouley
monedory holley Con cf os 0 Mobs ig)
Gablpsnn ant wih ieas ertocabid lh on
af d Ake Fodonal anraw, sho
pow tee Tad, Exap teem, bad rad Prase
aust. y bobkiey foals to influences Be tromoy,
Fiscod ollie
shooting the nti OF ork Jortrmont
BT alae Sw tangs Me tht Sel
Ficeaisege oI I pag Sopetbea! sel atet atee
bark sm Om Clamory the feo mod i
wad wawra of alitig fice) toh
5 Dorstertet shondirg policies on
bs dooce pobicioy. op te goxt -
todas Poe te bot Cred barimais debe,
de om eoomory) UY On Sworn, fr Omid
fF wong thot > olts, nofesch fb
shins abtntling . aA strong bollilicad dimanrcn A Podlody drdabndnd
do wy tox andes farm the bolidleol Procrr.
Pde Monty saebbly -. tae Abba of money 4
heck od a porticwlor pomt of tens, tho
Bh Conus He How of 9 Blow ontn tine -
pee han Femmes etre Aach Aten
ps (mony Hock (stock of rovg rromtg Uunbhly
PS gaunt st Wart Te aett gol money ae
Ee By the toh moms of monty
tn We Common
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@ Parmadions
o eae
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Pon ol He eahethbes of goed ded rdreden,H ensre of vols
mony Aen of on Mansne of volt.
He cols of 00 goods amd Aamir bg CX brwrncsh
Satortorg — huedohs
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42k way thot mony ach on 0 Atonton! ton
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Ma before.
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dn ttiakiot -
fi) Adore of onl
ok Abe of ool, inte a ates of told
A oy ON ta Cony Atorad fon fetne ore
tii) Aron, of voli.
momen oho te for tresta of vodu .
Determinants pf monty authhly ond domanc.
Afar 4 tu. Ataris tor accandns & te
Bens Se tle nowy anbht) 4 dob ental
Ceopuarty by 4 te Ctra! bem H+ Vdeond
eieur hol Hot He bonty Abb A doknnay
Cragyrtnly by Chengen tte Smee Milt,
thet het beobe’, disc te ome Crag
pibrka to depordnBe dakarninols oF brat, aebhty one oh thag
Wh Endeginoy velrcr Con bx deren drately op
Me inten Cah remrue Dotter pthe Oemad of dork
Perey, wd tH doin, of HY burt AO had ¢
Aor to Acbarcts
Vt Ae Acguirad sernnus Sablon: Wininis Cok Aerts
Rodin ox Ae A om nbd — dakmniot DF the
mow amply -
28 te Revel of bowk -mreswe:
A pH Uekerot of Hy hoy HAL. Cored
bok aerciuy Conrint of rate on daborih
watt We Combeol Get2 oh Gireng An thar
Ally or vould -
a Pataticls Danian 40 rel Urrincy ond daborit
Jen Lommesiot bots aly dobry
Abhty AE boob oe a ty hobbit of Raskay
Dears in cork oh on dn date, OH te
tel barbs, tx ran AULhb whe Forge .
CSocesevsee
4 A High ermal monty amd tha monty malhipelies :
Mt Careet prashien or 4 Geplar the dolar,
DE He howy Ackbey tn deny of tre bemctory
bet ot byh- Povacd borgFactors 6f monty Subbly ond damend
UW) ohtmn mortet ohenabiony - Hey ettaddisnty te
Fars 98 Quarkolins Gating - the Cornteret ok
begs Qoranman bond, CMactionls asoby a”
ie hae eeigakens boxer ©
Hes the Ue of daborits mode by carttomeny 04
a bork Het th bok feat beof bald of rote
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5 Ae policy iAtegt rote sabby He Control’
bop — Hee note of 4 tarot wild tn
amneledl, oad barintaer var oon