Question : The components of aggregate supply includes-
Option 1: Consumption expenditure
Option 2: Savings
Option 3: Both A and B
Option 4: Neither A nor B
Correct Answer: Both A and B
Solution : Aggregate supply is the total output of goods and services of the national income. It involves consumption expenditure and savings. Hence, Option C is correct
Question : Which of the following are the components of aggregate demand?
Question : According to this approach, the equilibrium level of income in an economy is determined where aggregate demand is equal to aggregate supply.
Question : Components of budget includes
Question : Revenue budget includes
Question : Capital budget includes
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