Consider a hypothetical economy all figures in lakhs crores for the year 20 17 where consumption spe...........

Economics -II Concept of National Income and Social Accounting

Consider a hypothetical economy (all figures in lakhs crores for the year 20 17) where consumption spending was Rs. 100, government spending was Rs. 50, and production of goods and services was Rs. 250. If planned investment spending that year was Rs. 75, what was the unplanned change in inventories ? (150 words) (10 Marks)

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