Equilibrium GDP
Provide solution of this question. If the MPC is .70 and gross investment increases by $3 billion, the equilibrium GDP will: A) increase by $10 billion. B) increase by $2.10 billion. C) decrease by $4.29 billion. D) increase by $4.29 billion.
Oligopolies offer a potential advantage to society since them: (w) may be capable to amass the huge resources required for modern research and growth. (x) tend to be more socially responsible than small firms. (y) typically maximize long run quite tha
HoloIMAGine will never deliberately generate and sell holographic technology at an output level where is: (w) marginal revenue [MR] is positive. (x) demand is in a price-elastic region. (y) marginal revenue [MR] is falling. (z) demand is in a price-in
The labor union contracts, a comparable worth rule, or minimum salary laws might boost up equilibrium employment when a firm has been practicing: (i) Price discrimination. (ii) Monopolistic exploitation. (iii) Feather-bedding. (iv) Blacklisting. (v) Monopsonistic expl
When transaction costs exist, in that case taxes on what appear to be pure economic rents to: (1) pose especially severe problems for economic efficiency. (2) may be inefficient since taxes reduce incentives to put resources to their
Can someone help me in finding out the right answer from the given options. Zeus got one million dollars for winning every event in current Olympics. In past, he would have frivolously exhausted his winnings on the lightning bolts, however after studying economics, he
When the interest rate is 5 percent and a financial investment produces annual payments of $50,000, in that case the present value of this asset is as: (w) $1,000,000. (x) $5,000,000. (y) $500,000. (z) $10,000,000.
The global wide demand for bicycles would be least probable to be influenced if: (1) Rises in incomes in less developed countries permitted a lot of people to purchase automobiles. (2) Couch-potatoes start heeding their doctor’s suggestion to ex
When the U.S. furniture market is primarily in equilibrium at point e upon S0D0 and in that case Chinese manufacturers begin exporting more furniture to the United States, that market would move in the direction of a new equilibrium
Interest rates tend to be negatively associated to: (w) household preferences for more liquid assets. (x) typical rates of return on alternative investments. (y) household willingness to delay consumption. (z) investor optimism concerning rates of ret
The Caveat venditor is an ancient legal doctrine which, when the products are defective or fraudulently symbolized, imposes legal liabilities on: (1) Seller of the good. (2) Government, for failing to save consumers. (3) Resource owner. (4) Buyer, for failing to use d
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