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Consider the following statements regarding Incremental Capital-Output Ratio(ICOR).1. The incremental capital output ratio (ICOR) denotes the relationship between the level of investment made in the economy and the consequent increase in thegross domestic product(GDP).2. The higher the ICOR, the higher will be theproductivityofcapital.Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Consider the following statements regarding Incremental Capital-Output Ratio(ICOR).1. The incremental capital output ratio (ICOR) denotes the relationship between the level of investment made in the economy and the consequent increase in thegross domestic product(GDP).2. The higher the ICOR, the higher will be theproductivityofcapital.Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Incremental Capital-Output Ratio(ICOR).1. The incremental capital output ratio (ICOR) denotes the relationship between the level of investment made in the economy and the consequent increase in thegross domestic product(GDP).2. The higher the ICOR, the higher will be theproductivityofcapital.Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?.

Solutions for Consider the following statements regarding Incremental Capital-Output Ratio(ICOR).1. The incremental capital output ratio (ICOR) denotes the relationship between the level of investment made in the economy and the consequent increase in thegross domestic product(GDP).2. The higher the ICOR, the higher will be theproductivityofcapital.Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Current Affairs. Download more important topics, notes, lectures and mock test series for Current Affairs Exam by signing up for free.

Here you can find the meaning of Consider the following statements regarding Incremental Capital-Output Ratio(ICOR).1. The incremental capital output ratio (ICOR) denotes the relationship between the level of investment made in the economy and the consequent increase in thegross domestic product(GDP).2. The higher the ICOR, the higher will be theproductivityofcapital.Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Consider the following statements regarding Incremental Capital-Output Ratio(ICOR).1. The incremental capital output ratio (ICOR) denotes the relationship between the level of investment made in the economy and the consequent increase in thegross domestic product(GDP).2. The higher the ICOR, the higher will be theproductivityofcapital.Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Consider the following statements regarding Incremental Capital-Output Ratio(ICOR).1. The incremental capital output ratio (ICOR) denotes the relationship between the level of investment made in the economy and the consequent increase in thegross domestic product(GDP).2. The higher the ICOR, the higher will be theproductivityofcapital.Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Consider the following statements regarding Incremental Capital-Output Ratio(ICOR).1. The incremental capital output ratio (ICOR) denotes the relationship between the level of investment made in the economy and the consequent increase in thegross domestic product(GDP).2. The higher the ICOR, the higher will be theproductivityofcapital.Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Consider the following statements regarding Incremental Capital-Output Ratio(ICOR).1. The incremental capital output ratio (ICOR) denotes the relationship between the level of investment made in the economy and the consequent increase in thegross domestic product(GDP).2. The higher the ICOR, the higher will be theproductivityofcapital.Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice Current Affairs tests.