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General Knowledge · Q118

Indian Economy

Competitive Exams · General Knowledge · question 118

Q118

If an economy is equilibrium at the point where plans to save and to invest are equal, then government expenditure must be

A.
zero
B.
equal to government income
Answer
C.
larger than government income
D.
negative

Answer: Option B

Solution

Answer: Option B
Solution:
If an economy is equilibrium at the point where plans to save and to invest are equal, then government expenditure must be equal to government income.