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प्रश्न
Fill in the blank with appropriate alternatives given below
That part of income, which is not spent on consumption, is called __________.
विकल्प
expenditure
saving
investment
publicdebt
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उत्तर
That part of income, which is not spent on consumption, is called saving.
Explanation:
Individuals incur expenditure on consumption from the income. However, not all of the income is spent on consumption, rather a part of it remains unspent. This unspent part of the income is called as savings.
Saving = Income – Consumption
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संबंधित प्रश्न
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Explain national income equilibrium through aggregate demand and aggregate supply. Use diagram. Also explain the changes that take place in an economy when the economy is not in equilibrium
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Write explanatory answer:
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Fill in the blank with appropriate alternatives given below
The General Theory of Employment, Interest and Money was written by __________.
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| Group A | Group B | ||
| 1) | Aggregate Supply | a) | Expected receipts |
| 2) | Autonomous Investment | b) | Lord J. M. Keynes |
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| 4) | A.P.C. | d) | ΔC/ΔY |
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| f) | Addition to stock of capital | ||
| g) | Destruction of utility | ||
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Answer in detail.
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| Column A | Column B |
| (1) Y = AD | (a) Level of output at full employment |
| (2) Forward Multiplier | (b) Withdrawal of investment decreases income |
| (3) Paradox of Thrift | (c) People save less or same as before |
| (4) Multiplier (k) < 1 | (d) 0 < MPC < 1 |
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