Assertion (A) : Y = C + I (where Y = National Income, C = Consumption, I = Investment)Reason (R) : C and I are important determinants of national income

🎲 Try a Random Question  |  Total Questions in Quiz: 253  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
CUET-UG Economics / Business Economics Test: Macro Economics (Determination of Income & Employment and Money & Banking) — practice the complete quiz, review flashcards, or try a random question.

Macroeconomics is a branch of economics that studies how an overall economy—the market or other systems that operate on a large scale—behaves.


Assertion (A) : Y = C + I (where Y = National Income, C = Consumption, I = Investment)<br>Reason (R) : C and I are important determinants of national income






ADVERTISEMENT