Depression is characterized by
A) unprecedented level of underemployment
B) Drastic fall in income
C) Drastic fall in output and employment
D) All the above
Correct Answer:
Verified
Q6: Capital formation in underdeveloped countries is a
Q7: Consider the following statements and identify the
Q8: Which of the following about strategy of
Q9: Which of the following about strategy of
Q10: The additional capital used per unit of
Q12: Consider the following statements and identify the
Q13: Consider the following statements and identify the
Q14: Dual economy refers to existence of
A)Imports and
Q15: Mixed economy means an economy where there
Q16: Indian economy today is a
i. Developing economy
ii.
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