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The Software and Related Services Sector Has a Multiplier Effect

Question 394

Multiple Choice

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:

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