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An increase in national income raises demand for goods and services. Which dimension of the business environment does this illustrate?

Answer and explanation

Correct answer: Economic dimension

National income is an indicator of economic conditions. Its increase can raise people’s purchasing power and demand, so this illustrates the economic dimension.

Related tags

Business EnvironmentEconomic DimensionDimensions Of Business EnvironmentBusiness StudiesClass 12 Mcq

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