Question : A sudden decrease in the birth rate would cause _______.
Option 1: increase in per capita income
Option 2: increase in investment
Option 3: increase in savings
Option 4: increase in loan requests
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Correct Answer: increase in per capita income
Solution : The answer is an increase in per capita income.
Per Capita Income is a measure used to calculate the average income per person in a country or region. This data assists in determining the average income per person, which aids in determining the standard of life of a population.
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Question : Which of the following statements is false?
Option 1: A decrease in interest rates will increase investment.
Option 2: An increase in investment can cause an increase in output.
Option 3: An increase in the savings in an economy can cause an increase in current output.
Option 4: A decrease in taxes can cause an increase in output.
Question : The savings rate is relatively low in developed economies because of
Option 1: low per capita income
Option 2: welfare programmes
Option 3: liquidity/borrowing constraint
Option 4: high interest rate
Question : What is the parameter for economic development?
Option 1: Per capita monetary income
Option 2: National income
Option 3: Per capita rural income
Option 4: Population
Question : Hypertension is the term used for
Option 1: increase in heart rate
Option 2: decrease in heart rate
Option 3: decrease in blood pressure
Option 4: increase in blood pressure
Question : The main factor for the accelerated growth of population in India is
Option 1: low birth rate and low death rate
Option 2: a high birth rate and a falling death rate
Option 3: a rising birth rate and a rising death rate
Option 4: a high birth rate and high death rate
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