Define multiplier
Multiplier: It is the number by which change in investment should be multiple in order to find out the resultant change in income and output.
is price in the law of demand an absolute or relative price
Can someone please help me in finding out the accurate answer from the following question. Associative to firms that do not practice the wage discrimination, firms which wage-discriminate tend to: (1) Forego highest gains by hiring the less productive workers. (2) Dis
Economic theories: A) are useless because they are not based on laboratory experimentation. B) that are true for individual economic units are never true for the economy as a whole. C) are generalizations based on a careful observation of facts. D) are abstractions an
How is TVC derived from MC? Answer: TVC = Sigma MC
I have a problem in economics on Problem on blue collar workers. Please help me in the following question. The labor unions have tended to be very successful in organizing: (i) White collar workers. (ii) Blue collar workers. (iii) Professionals. (iv) Clerical workers.
What are the three basic shapes of yield curves in the marketplace?
What is APC? Answer: APC= C/Y.The ratio of income to consumption is termed as APC.
Provide solution of this question. In saying that the present system of floating exchange rates is managed we mean that: A) countries which allow their exchange rate to move freely will lose their borrowing privileges with the IMF. B) the value of any IMF member
A monopoly firm which does not price discriminate does NOT: (w) have a marginal revenue curve which lies below its demand curve. (x) confront a downward-sloping demand curve. (y) have discretion over the price of its output. (z) sell
By refering the following data give the answer of this question . The total variable cost of producing 5 units is: A) $61. B) $48. C) $37. D) $24.
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