Tag: concept of consumption function, saving function and investment function
Questions Related to concept of consumption function, saving function and investment function
The most important function of capital is to promote the ___________.
The supply of capital is increased or diminished by the efforts of man.
Higher income of people enables them to save more as compared to lower income.
Capital helps in increasing production and productivity.
Capital is not the core of economic development.
Capital is a gift of nature.
Countries like U.S.A. and some western countries have high per capita income, but the people over there have lower savings.
The capital which is invested by the government in public sector is called __________.
Capital helps in maintaining defence of the country.
When the people are provided with more facilities to mobilize the savings, the people save less and invest less.