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Determination of Income and Employment — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsDetermination of Income and Employment2 Marks
Question
State briefly the various measures to correct excess demand.
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Answer

The problem of excess demand can be solved by reducing Aggregate Demand as:
  1. The public expenditure is to be reduced.
  2. Increase in taxes.
  3. Increase in bank rate.
  4. Sale of securities by RBI in the open market.
  5. Increase in imports.

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