The growth rate of population is higher than the rate of economic growth there will be ______ in the economy.

CA Foundation · Business Economics · MTP · September 2024
The growth rate of population is higher than the rate of economic growth there will be ______ in the economy.
(A) A. Lesser savings
(B) B. More savings
(C) C. No effect on savings
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Lesser savings

Topics: Indian Economy

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