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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.
True 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.
MPS 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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