Consider the following statements :

1. An additional spending by the Government of ₹ X is likely to have less impact on income than an additional transfer of ₹ X to households.

2. An additional spending by the Government of ₹ X is likely to have less impact on income if it is not accompanied by an expansion in money supply.


Which of the statements given above is/are correct ?

General Knowledge 2024 CDS GK 2024 CDS 2024

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