Consequence on inventories
When planned savings are bigger or smaller than planned investment, then what will be its consequence on inventories? Answer: It will raise or reduce the inventories.
When planned savings are bigger or smaller than planned investment, then what will be its consequence on inventories?
Answer: It will raise or reduce the inventories.
geomeric method to measure elasticity of supply
Marginal propensity to consume: It is stated as the measure of rate at which the aggregate consumption expenditure changes as the national income changes. MPC= C/Y
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