Answer with reason Q- Other things remaining unchanged, when in a country the price of foreign currency rises, - Economics - Government Budget and the Economy

Question

Answer with reason

Q- Other things remaining unchanged, when in a country the price of
foreign currency rises, national income is : ( choose the correct
alternative )
(a) likely to rise
(b) likely to fall
(c) Likely to rise and fall both
(d) Not affected

Sahil Vats · Accepted Answer

Likely to rise as export increases

Answer with reason Q- Other things remaining unchanged, when in a country the price of foreign currency rises, national income is : ( choose the correct alternative ) (a) likely to rise (b) likely to fall (c) Likely to rise and fall both (d) Not affected

Answer with reason

Q- Other things remaining unchanged, when in a country the price of foreign currency rises, national income is : ( choose the correct alternative )
(a) likely to rise
(b) likely to fall
(c) Likely to rise and fall both
(d) Not affected