MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Income Determination in the Open Economy

An increase i...

Question

An increase in foreign income leads to a/an in .

A

increase

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

decrease

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

exports

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

D

imports

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct options are
A increase
C exports
An increase in foreign income leads to an increase in exports.

Suggest Corrections

thumbs-up

0

Similar questions

An increase in foreign income has which of the following effects?

Q. From the figure, an increase in investment by __________ leads to an increase in income from

O Y

O Y^{'}

Q. An increase in investment by Rs. 400 crores leads to increase in National Income by Rs. 1,600 crores. Calculate marginal propensity to consume.

Q. An increase in investment in a country leads to increase in national income by Rs. 200 crores. If marginal propensity to consume is 0.75, what is the increase in investment? Calculate.

Q. An increase in investment by Rs. 5,000 crores leads to increase in national Income Which is four times more than the increase in investment. Calculate marginal propensity to save. (0.20)

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

National Income Accounting

ECONOMICS

Watch in App

explore_more_icon

Explore more

Income Determination in the Open Economy

Standard XII Economics

Join BYJU'S Learning Program

CrossIcon