No products in the cart.

An economy is operating at under …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

An economy is operating at under employment level of income. What is meant by this statement? Discuss one fiscal measure and one monetary measure to tackle the situation.
  • 1 answers

Canada'S ?? Julliet Anu 5 years, 10 months ago

It means there is DEFICIT DEMAND in the economy which leads to DEFLATIONARY GAP in the economy. Fiscal measure: government will increase its expenditure, reduce tax rates, less borrowing from public, more borrowing from RBI. MONETARY measure: RBI will lower CRR,SLR, bank rate, withdraw credit rationing, etc.
https://examin8.com Test

Related Questions

Explain the limitation of GDP as wellfare
  • 1 answers
Trends in credit availability
  • 0 answers
Two types of marke diagram and explanation
  • 0 answers
What is deficit ?
  • 1 answers
Economics project on function of RBI
  • 0 answers
What is receipt?
  • 0 answers
Economic Reforms Since 1991 notes
  • 0 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App