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The linkage effect in economics refers to:
  • a)
    The relationship between supply and demand.
  • b)
    The interdependence of sectors in an economy.
  • c)
    The impact of inflation on economic growth.
  • d)
    The effect of government policies on unemployment.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
The linkage effect in economics refers to:a)The relationship between s...
The linkage effect refers to the interdependence and interconnectedness of sectors in an economy, where changes in one sector can have an impact on other sectors. It highlights how various sectors rely on each other for economic growth and development. Options A, C, and D are not accurate definitions of the linkage effect.
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The linkage effect in economics refers to:a)The relationship between supply and demand.b)The interdependence of sectors in an economy.c)The impact of inflation on economic growth.d)The effect of government policies on unemployment.Correct answer is option 'B'. Can you explain this answer?
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