The new equilibrium income is Y*=1115/1.4=796.4 The change in equilibrium income is less than the shift of the IS curve. This is because of the crowding out effect of investment: rising interest rate reduces the investment and hence reduces the aggregate income.
In which year did Cripps Mission arrive in India?
Identify whether the following statements are correct or incorrect.
Statement 1: Khasi and Jaintia hills receive the highest rainfall, which exce...
The Champaran Satyagraha took place in the year _____.
India’s rank in Global Cybersecurity Index for the year 2020?
Which one of the following is not the broker platform?
Indian National Space Promotion and Authorization Centre (IN–SPACe) is a single-window autonomous agency under the Department of Space. Who is the cur...
Which Indian cricketer announced his retirement from all kinds of competitive cricket in December 2021?
Sports Journalists' Federation of India (SJFI) Para-athlete Woman of the Year Award 2021 winner Avani Lekhara plays which sport?
Which private banks have been excluded from the list of institutions where individuals can apply for the Mahila Samman Savings Certificate, 2023, accord...
The All England Championship, an international championship of badminton, was first held in:
