SSC
INDIAN ECONOMY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Sustainable economic growth depends upon
|
|
Investment, not saving
|
|
|
Saving, not investment
|
|
|
Both saving and investment
|
|
|
Neither saving nor investment
|
Explanation:
Detailed explanation-1: -A fundamental macroeconomic accounting identity is that saving equals investment. By definition, saving is income minus spending. Investment refers to physical investment, not financial investment. That saving equals investment follows from the national income equals national product identity.
Detailed explanation-2: -Accumulation of capital stock. Increases in labor inputs, such as workers or hours worked. Technological advancement. 01-Jun-2015
There is 1 question to complete.