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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 __________.
पर्याय
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
Explain the concept of 'excess demand' in macroeconomics. Also explain the role of 'open market operation' in correcting it.
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Explain the role of Cash Reserve Ratio in removing an inflationary gap
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Explain the role of 'Margin Requirements' in removing this deficient demand gap.
Explain the determinants of aggregate supply.
Discuss the situation when aggregate demand is more than aggregate supply at full employment income level.
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State whether the following statements are True or False with reason:
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| f) | Addition to stock of capital | ||
| g) | Destruction of utility | ||
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