Home  >  CUET  >  CUET-UG Economics / Business Economics Test: Macro Economics (Determination of Income & Employment and Money & Banking)

Consider the following statements1. According to the accelerator model, investment demand is proportional to the change in GNP.2. The real rate of interest is the nominal rate of interest plus the inflation rate.3. The higher the real interest rate, the higher is the rental cost of capital.4. Investment is a stock concept Which of the above statements 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. According to the accelerator model, investment demand is proportional to the change in GNP.<br>2. The real rate of interest is the nominal rate of interest plus the inflation rate.<br>3. The higher the real interest rate, the higher is the rental cost of capital.<br>4. Investment is a stock concept Which of the above statements are correct?






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