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For a hypothetical economy, assume the government increased an infrastructural investment by Rs. 20,000 crore. 80% of additional income is consumed in the economy. Estimate the increase in income and the corresponding increase in consumption expenditure in the economy

Posted by Akshayashri Soundararajan 8 months ago

CBSE > Class 12 > Economics

1 answers

Mehul Saini 7 months ago

2,000 cr

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Industrial licensing was used to promote regional equality. Discuss

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