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If the rate of interest is reduced in an economy, it will -a)Consumption expenditure in the economy will decreaseb)increase government tax collectionc)Investment in the economy will increase expenditured)increase total savings in the economyCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about If the rate of interest is reduced in an economy, it will -a)Consumption expenditure in the economy will decreaseb)increase government tax collectionc)Investment in the economy will increase expenditured)increase total savings in the economyCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If the rate of interest is reduced in an economy, it will -a)Consumption expenditure in the economy will decreaseb)increase government tax collectionc)Investment in the economy will increase expenditured)increase total savings in the economyCorrect answer is option 'C'. Can you explain this answer?.

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