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प्रश्न
Which statement correctly describes induced investment as income-elastic?
विकल्प
It remains the same whether the economy is booming or in recession
It is always equal to replacement investment
It does not depend on the level of income or profit
As national income rises, induced investment rises; as income falls, it falls
MCQ
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उत्तर
Induced investment is income-elastic because it responds to national income. It rises with rising income and falls when income falls.
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क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
