If higher level of expenditure leads to higher level of AD and higher level of AD leads to higher level of output (GDP), why can't India increase its AD (expenditure) by printing more notes and thereby,achieve higher level of GDP.
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hii roopamXarmy
Explanation:
If higher level of expenditure leads to higher level of aggregate demand and higher level of. aggregate demand leads to higher level of output (GDP), why can?t India increase its aggregate. demand (expenditure) by printing more notes and thereby, achieve higher level of GDP.
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thank you you follo me you are owso
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