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Domestic market activities 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.
By affecting both imports and exports, 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.
Restrictions due to immigration laws 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.
It facilitates international trade by determining 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.
Output market, labor market, and financial 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.
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