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Economics
4. Determination of Income and Employment
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Q11 of 25 Page 4

Differentiate between inflationary and deflationary gaps?



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9

Find Saving function when consumption function is given as C = 1000 + 0.6Y

10

How does the bank rate help in correcting the deficient demand in an economy?

12

How does excess demand affects output, employment, and prices?

13

What step can be taken through the market to reduce the consumption of a product harmful to health?

Questions · 25
4. Determination of Income and Employment
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