Practicing Success
Practicing Success
CUET Preparation Today
| Assertion : The national income at constant prices is a more appropriate index of the growth of economy. Reason : National income at constant prices refers to the flow of goods and services adjusted for inflation. |
Both assertion and reason are true and reason is the correct explanation Both assertion and reason are true and reason is the not correct explanation Assertion is true but reason is false Assertion is false but reason is true |
| Both assertion and reason are true and reason is the correct explanation |
| National income at constant prices will increase only when there is an increase in the flow of goods and services. It will adjust the price changes of the product and will show the real change in the economy. |
