Question
The cost of unit assistance is shared between Central
and State Governments in the ratio ________ in plain areas and 90:10 for North Eastern and hilly states.Solution
The cost of unit assistance is shared between Central and State Governments in the ratio 60:40 in plain areas and 90:10 for North Eastern and hilly states.
C = 40+0.75Y
I = 140 – 10i , G=100, T=80, Money demand = 0.2Y – 5i , Money Supply = 85
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