State any one reason behind the above scenario.
1. As per fiscal policy Government will …………….(decrease/ increase )the tax rates in above scenario.
2. Give reason how the following are treated in the estimation of national income:-
(a) new railway engine manufactured by Indian railways.
(b) increase in number of goats in a cattle farm.
(c) new residential building constructed by a builder.
3. give the meaning of autonomous transaction and accommodating transactions in the balance of payment account.
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Answer:
its answer was option c
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