CAPF | Economics

What is the real interest rate on a Credit Card loan bearing 24% interest per year, if the rate of inflation is 10%?

Which among the following is the correct difference between crowding in and crowding out?

1) Crowding refers to an increase in the private sector investment, and crowding out refers to a decrease in the private sector investment.

2) Crowding in is due to a fall in government spending and crowding out due to a rise in the government spending

3) Crowding leads to an increased level of tax and increased borrowing, and crowding out leads to increased economic growth.

Codes:

Which of the following is an incorrect statement regarding the World Trade Organization -

Which among the following is a correct statement regarding GDP deflator?

According to simple Keynesian theory, the slope of the aggregate consumption curve against income is