Which of the following are the main causes of slow rate of growth of per capital income In India? I. High capital-output ratio II. High rate of growth of population III. High rate of capital formation IV. High level of fiscal deficits Select the correct answer from the codes given below: Codes:
Options
(a)I, II, III and lV
(b)II, III and IV
(c)I and IV
(d)I and II
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Class 12Determination of Income and Employment— NCERT Economics, Chapter 4. This chapter builds Keynes's short-run model of national income with prices and the interest rate held fixed. Planned (ex ante) values matter, not accounting (ex post)…
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