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.
Sindhudurg Fort is the fort in which state of India?
In which Indian state is Mouling National Park located?
The Book ‘Divine Life’ is written by
Khangchendzonga National Park is located in which Indian state?
Justice Pankaj Mittal has been appointed as the Chief Justice of which High Court?
Which is the largest Solar Park in the world as of 2022?
Which country recently initiated the first Hindi radio broadcast to enhance bilateral ties with India?
In Monaco, which of the following organizations is being headquartered?
According to the 2011 census, the Indian state that has the dubious distinction of having the worst male – female ratio is
When was the Biological Diversity (BD) Act enacted in India?
