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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
What is aggregate supply?
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explain the role of Bank Rate in correcting deficient demand?
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Income earned from foreign investment is considered for aggregate demand.
Fill in the blank with appropriate alternatives given below
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Write explanatory answer.
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| Column A | Column B |
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| (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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