1. Increase in net Exports.
2. Decrease in aggregate demand for domestically produced goods.
3. Raises the price level in the country.

1. A higher rate of inflation in a domestic economy leads to an appreciation of domestic currency.
2. Higher interest rate in a domestic economy leads to an appreciation of domestic currency.

1. Marginal tax rate should be increasing.
2. The marginal tax rate should be more than the average tax rate.
3. The Gini - coefficient for the post-of-tax distribution of income should be more than the pre-tax distribution.

1. Bond price and interest rate vary indirectly.
2. Tax on personal income reduces disposable income.

Which of the following is/are correct: