Multiple Choice Questions on Consumption of fixed capital means ........ for General Studies (Level 1) Preparation

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Multiple Choice Questions

Consumption of fixed capital means ........

Indian Economy (Easy) Inflation
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    Consumption of fixed capital means:

    Per capita income

    Incorrect Answer

    Fixed assets of the government

    Incorrect Answer

    Depreciation

    Correct Answer

    Propensity to consume

    Incorrect Answer
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    Explanation:

    Depreciation is also called the consumption of fixed capital. Depreciation means loss of fixed assets over time due to wear and tear.

    By: bhavesh kumar singh
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