Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Commerce Business Economics

A country has an Incremental Capital-Output Ratio (ICOR) of 4. If it aims to increase the real GDP by $100 billion and investment is the only source of growth in its economy, how much investment is needed?

1
$25
2
$100
3
$200
4
$400
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