Question 4
MediumOriginal questionIn an economy, C = ₹600 crore, I = ₹200 crore, G = ₹150 crore, X = ₹80 crore and M = ₹100 crore. Aggregate demand is
Show the answer and explanation
CorrectNot quiteAnswer B
Correct answer: B
Explanation
AD = 600 + 200 + 150 + (80 − 100) = 950 − 20 = ₹930 crore.
- Concept
- AD in an open economy
- Typical timeTypical
- 70 s
- Your timeYours
- —
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