Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Business Environment

Question:

Which economic factor will significantly affect the demand for products and services?

Options:

Stock market indices

Changes in disposable income

Social value

Public debt

Correct Answer:

Changes in disposable income

Explanation:

A rise in the disposable income of people due to increase in the gross domestic product of a country creates increasing demand for products.