Define linear consumption function
Linear consumption function: It is a consumption function that is given on the basis of steady marginal propensity to consume. C = c + bY Here c = autonomous consumption B = marginal propensity to consume.
Linear consumption function: It is a consumption function that is given on the basis of steady marginal propensity to consume.
C = c + bY
Here c = autonomous consumption B = marginal propensity to consume.
The Privatization is a process by which ‘for-profit’ business firms: (1) Transform small entrepreneurships into big corporations. (2) Hiring professional administrators to assist manage operations. (3) Vend corporate stocks and bonds to safe the economic c
Select the right answer of the question. U.S. export transactions create: A) a U.S. demand for foreign monies and the satisfaction of this demand decreases the supplies of dollars held by foreign banks. B) a U.S. demand for foreign monies and the satisfaction of this
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