Consumption expenditure
In an economy 75% of increase in income is spent on the consumption. Investment raised by Rs. 1000 Crore. Compute: (A) Total increase in income(B) Total increase in consumption expenditure
In an economy 75% of increase in income is spent on the consumption. Investment raised by Rs. 1000 Crore. Compute:
(A) Total increase in income(B) Total increase in consumption expenditure
Expert
MPC = 75% = 75/100 =3/4MPS = 1-3/4 = 1/4 K=4(A) DY = DI x K= 1000 x 4= 4000 Crore(B) DY = DC + DIDC = DY - DI= 4000-1000= Rs. 3000 Crore
When the demand for computer hard drives is unitarily price elastic among lower prices and current prices, lowering prices slightly will yield as: (w) higher total revenue. (x) lower total revenue. (y) no change in total revenue. (z)
Can someone help me in finding out the accurate answer from the given options. In short run, the demand for a normal good increases when: (i) Income become less uniformly distributed. (ii) The prices of complementary goods increase. (iii) National income mounts. (iv)
A perpetuity currently priced at $5000 which will pay $200 annually all times generates a rate of return of: (w) 4%. (x) 4.8%. (y) 5%. (z) 3.5%. Hey friends please give your opinion for the problem
Explain the methodological procedure called comparative statics. What does this procedure imply regarding the nature of the consumer demand curve?
Line T0 depicts a tax system which is: (1) progressive. (2) recessive. (3) proportional. (4) biased. (5) regressive. Q : Cost which is zero Which cost might Which cost might there if output is zero? Answer: Fixed cost
Which cost might there if output is zero? Answer: Fixed cost
This monopoly makes Q units and experiences as: (1) economic profits equal to 0cbQ. (2) economic losses equal to cpab. (3) more than normal accounting profits. (4) marginal cost in excess of average total cost. (5) total revenue less than total cost.<
The demand curve an oligopolist faces is kinked at the current price when other firms into the industry: (1) face unitary elasticity of demand at their current output levels.(2) will match any price cuts although not price hikes. (3)
At point a, in below figure the supply curve into this graph: (w) perfectly elastic. (x) relatively elastic. (y) unitarily elastic. (z) relatively inelastic. Q : Distribution of Wealth When line 0C0' When line 0C0' shows the U.S. income distribution, in that case the distribution of wealth would most likely be possible: (1) line 0A0'. (2) line 0B0'. (3) line 0C0'. (4) line 0D0'. (5) line 0E0'. Discover Q & A Leading Solution Library Avail More Than 1443704 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1936067 Asked 3,689 Active Tutors 1443704 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
When line 0C0' shows the U.S. income distribution, in that case the distribution of wealth would most likely be possible: (1) line 0A0'. (2) line 0B0'. (3) line 0C0'. (4) line 0D0'. (5) line 0E0'. Discover Q & A Leading Solution Library Avail More Than 1443704 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1936067 Asked 3,689 Active Tutors 1443704 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
18,76,764
1936067 Asked
3,689
Active Tutors
1443704
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!