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Question 18

An increase in consumer spending leads to a proportionally larger increase in capital expenditure

  • A.Multiplier
  • B.Deflation
  • C.Accelerator
  • D.Inflation
Objective

Question details

Exam body
NDA
Subject
Economics
Year
2011/2012
Question no.
#18
Type
Objective
Previous · Q17Giving two factors of production, X and Y, and "X-saving" is technological… Next · Q19 Production is said to be capital intensive when:

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