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Autonomous Investment increase income determination correct; AD equals AS, multiplier MPS concept.
Ref: NCERT Economics Class XII Chapter 4 Determination of Income explains aggregate demand supply equilibrium multiplier investment concepts clearly.
1 / MPS income determination correct; AD equals AS, multiplier MPS concept.
Ref: NCERT Economics Class XII Chapter 4 Determination of Income explains aggregate demand supply equilibrium multiplier investment concepts clearly.
Tighten the money supply in the money banking correct; RBI controls money supply, fiat money legal tender.
Ref: NCERT Economics Class XII Chapter 3 Money and Banking explains money functions RBI commercial banks money supply monetary policy clearly.
M 3 money banking correct; RBI controls money supply, fiat money legal tender.
Ref: NCERT Economics Class XII Chapter 3 Money and Banking explains money functions RBI commercial banks money supply monetary policy clearly.
Competition among sellers start correct demand concept; law of demand inverse price-quantity relation elasticity.
Ref: NCERT Economics Class XI Chapter 2 Consumer Behaviour explains demand law elasticity utility indifference curve consumer equilibrium clearly.
Final change in the income, as correct per microeconomics basics; central problems scarcity choice opportunity cost.
Ref: NCERT Economics Class XI Chapter 1 Introduction to Microeconomics explains central problems scarcity choice PPC opportunity cost concepts clearly.
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