Relationship between MPS and multiplier
Relationship between MPS and multiplier:K=1/1-MPC = 1/MPS or inverse relationship between MPS and the size of multiplier.
The strategy most probable to outcome the maximum wages and employment and the greatest economic clout for all the workers over long run would be for the union to: (1) Restrict entry to a specific occupation. (2) Boycott non-unionized firms which compete with the unio
A monopoly tends to shut down within the short-run when: (i) price is less than the minimum of average total costs [ATC]. (ii) price cannot cover all overhead costs. (iii) variable costs are not covered. (iv) total costs exceed total revenues. (v) the
A monopolist who does not price discriminate, that is: (w) cannot maximize profit by producing where demand is unitarily elastic. (x) will maximize profit where demand is unitarily elastic when all costs are fixed. (y) will maximize profit where deman
In the market period: (w) price is constant. (x) output is constant. (y) supply is horizontal. (z) supply is completely elastic. Please guys help to solve this problem of Economics with some explan
Critics of contribution standard of the income distribution often: (w) cite inequality as evidence of inequity. (x) assert which private individuals must not be capable to accumulate any assets. (y) believe charitable giving should be
Define aggregate supply: Aggregate supply is the money value of net or total supply of services and goods available for purchase by an economy throughout a given period.
Capital expenditure: Any expenditure which will lead to formation of an asset or reduction in liability. This is financed out of capital receipts of government. Illustrations: Expenses on construction of roads, canals, bridges, grant of loans by the c
Within increasing-cost industries average there are: (w) production costs fall as output increases. (x) production costs rise as the number of firms in the industry grows. (y) production costs rise when the number of firms into the industry falls. (z)
Ex-ante investment: This is planned or desired investment throughout a specific period.
Performance of Funds: The performance of funds mainly depends on how much diversification has been taken up by a portfolio manager and also if the company’s fundamentals have been assessed well and no hasty decision has been made on the basis of
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