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Consider the following statements1. Absolute Income Hypothesis is associated with Keynes.2. S = – 20 + 0.4y and C = 20 + 0.6y yield the same investment multiplier3. Investment multiplier rises whenever income tax is introduced in the system4. Bond Price and interest rates are directly related. Which of the above statements is/are correct

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


Consider the following statements<br>1. Absolute Income Hypothesis is associated with Keynes.<br>2. S = – 20 + 0.4y and C = 20 + 0.6y yield the same investment multiplier<br>3. Investment multiplier rises whenever income tax is introduced in the system<br>4. Bond Price and interest rates are directly related. Which of the above statements is/are correct






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