Economics Questions & Answers (Compiled from UPSC, SSC ,PSC ,IBPS previous question papers)

  • The total of national income measures

  • The flow of goods and services in an economy
  • The stock of goods and services in an economy
  • The current income in an economy
  • The net investment in an economy
  • Aggregate demand implies 

  • Total quantity of output that is willingly bought at a given level of prices, others are constant
  • Total quantity of commodity are not willing to bought at a level of price
  • Less quantity are willing to purchase at a level of price
  • No quantity are willing to purchase
  • The multiplier expresses the relationship between

  • Initial increment in investment and aggregate income increment
  • Initial increment in savings and aggregate supply increment
  • Initial increment in consumption and aggregate savings increment
  • Initial increment in expenditure and aggregate revenue increment
  • Multi level planning means

  • National level, international level, state level
  • Centre level, state level, District level, Block and local level planning
  • District level, municipal level, Panchayat level
  • State, district, village and municipal level
Economics Question Answers, PSC, UPSC, IBPS, SSC Previous Papers
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