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  3. 12th Class
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12th Class Economics Sample Paper Economics - Sample Paper-7

  • question_answer
    Differentiate between autonomous investment and induced investment.

    Answer:

    Difference between autonomous investment and induced investment are:
    Basis Autonomous Investment Induced Investment
    Motive Social welfare of people. Profit motive is dominant.
    Done by Autonomous investment is done by government. Induced investment is done by private sector.
    Elasticity of income It is income inelastic. It is income elastic.


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