Capital Market: Definition, Functions & Advantages
Posted inEconomics

Capital Market: Definition, Functions & Advantages

The capital market is a financial market for trading in, long-term financial assets. It is a market for long-term loans and investments. It consists of people and organizations who wish to lend out money or to borrow on a long-term basis.
National Income: Definition, Uses & Limitations
Posted inGovernment & Politics

National Income: Definition, Uses, Problems & Limitations

National income is the monetary value of all goods and services produced in a country in a year or the totality of income accruable to all factors of production employed in producing goods and services in the year in the country such as wages, salaries, rents, interests and profits. It is equal to NNP - Indirect Business Taxes.