Multiplier for private closed economy
For private closed economy, the data of columns 1 & 2 of the below table is given. Determine multiplier in this example?
Expert
Since each rise of $50 billion in GDP raise aggregate expenditures by $40 billion, the MPC is .8 and so the multiplier is 5.
Normal 0 false false
Briefly describe the terms proprietorship, partnership, and corporation.A proprietorship is a business owned by one person. Two or more people who join together to develop a business make up a partnership. It can be done on an inf
Veto: It is the Governor's Constitutional authority to reduce or remove one or more items of appropriation while accepting other parts of a bill.
Describe two patterns of cash flows for a share of common stock. How does the market find out the value of the most common cash flow pattern for common stock?Cash flows for share of common stock contain dividend payments and the price attained f
Define the term State Fiscal Year: This is the period beginning from July 1 and continuing through the subsequent June 30.
Denote whether each of statements applies to microeconomics or macroeconomics: a. In Canada, the unemployment rate was 7.0 percent in January 2005. b. A Canadian software firm d
18,76,764
1960824 Asked
3,689
Active Tutors
1431424
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!
