Vidyalelo
Commerce · Q737

Economics

Graduate and Post Graduate · Commerce · question 737

Q737

If government expenditure is increased by Rs. 700 and tax is also increased by Rs. 700 then the equilibrium level of income:

A.
Rs. 700 will decrease
B.
Rs. 700 will increase
C.
Will no change
Answer
D.
Will increase by Rs. 1400

Answer: Option C

Solution

Answer: Option C
No explanation is given for this question Let's Discuss on Board