Economics · Macroeconomics
Assertion (A): According to Nicholas Kaldor, a steady-state growth equilibrium exists in the economy. Reason (R): Income distribution shifts alter aggregate savings to automatically match investment requirements. Select the correct alternative:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Both (A) and (R) are correct but (R) is not the correct explanation of (A)
- 2Both (A) and (R) are correct and (R) is the correct explanation of (A)✓
- 3(A) is wrong, but (R) is correct
- 4(A) is correct, but (R) is wrong
Correct answer
Both (A) and (R) are correct and (R) is the correct explanation of (A)
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Macroeconomics MCQs →Want more practice questions on Macroeconomics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Macroeconomics