Question

(i) What is meant by depreciation?

(ii) What is meant by the monetary value of money?

(iii) Find the average propensity to consume (APC)if the national income is rupees 3 crores and consumption expenditure is rupees 5 crores.

(iv) Find the value of a multiplier if increase in autonomous investment of rupees10 crores in an economy results in increase in income by rupees 50crores?

(v) How can industrial growth increase employment opportunities? ​

Answer 1

Answer:

1. decreases in value of aseet after normal wear and tear is known as Deprication
2. the value which is set by rbi
3. 0.6
4. don't know
5. production will increase ad for production we need labour force that's industrial growth increase employment opportunities