The software and related services sector has a multiplier effect on the Indian economy with every one- rupee input spent by the" information technology sector" producing an increase in real GDP by rupees.
HYPERLINK "http://www.ft.com/" www.ft.com, 2/28/20
According to the story, if _ _ in the software and related services sector increases by $15 billio GDP will increase by .
A) consumption; $30 billion.
B) consumption; $2 billion.
C) investment; $30 billion.
D) investment; $2 billion.
Correct Answer:
Verified
Q390: Mauritius, an island off the coast of
Q391: In an article regarding Bangladesh's economy, the
Q392: In the third quarter of 2008, investment
Q393: "Few if any economists anticipated the extent
Q393: List the four components of aggregate expenditure.
Q395: "The global financial crisis has had a
Q396: Mauritius, an island off the coast of
Q397: In an article regarding Bangladesh's economy, the
Q398: In 2007, investment in France increased by
Q399: In an article regarding Bangladesh's economy, the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents