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NextQ25

"An economy is operating at under-employment level of income." What does this situation indicate ? Discuss any one fiscal measure to tackle this situation. Elaborate using a hypothetical numerical example, how a given initial increase in investment affects the level of final income of the economy.

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Question 24

Suppose in an economy, planned spendings are greater than planned outputs. Identify the correct option with respect to effects on the economy : (i) Decrease in planned inventories in the economy (ii) Rise in National Income (iii) Decrease in real output level in the economy (iv) Decrease in employment level in the economy

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