Question

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.​

Answer 1

Answer:

its answer was option c