PPSC Economics Full Book MCQ Test MCQs With Answers
Question # 1
Given a proportional income tax and a government budget that is currently in balance, an increase in autonomous investment ceteris paribus, Increases equilibrium income and the budget.
For commodities, X and Y, the possibilities are X is preferred to Y , Y is preferred to X or X and Y are equally preferred, In indifference curve analysis, this is known as the.
The contractionary effect on private investment spending due to financing requirements of government deficit pushing up interest rates is known by this term.