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.
Hello, I did attach case study on Microeconomics. Regards,
The substitution effect is negative since people react to a price raise by: (i) Reducing purchases of good. (ii) Generating more of good. (iii) Purchasing some substitute goods. (iv) Working less to sustain the existing purchasing patterns. Q : Determine total revenue with formula Please help me to solve the problem of total revenue that is given below: Total revenue can be computed by the formula as: (w) P + Q. (x) P * Q. (y) ep * P. (z) ep * Q. Hello gu
Please help me to solve the problem of total revenue that is given below: Total revenue can be computed by the formula as: (w) P + Q. (x) P * Q. (y) ep * P. (z) ep * Q. Hello gu
I have a problem in economics on Problem on Current labor union issues. Please help me in the following question. The current labor union issues would comprise: (i) Public sentiment favoring the legislative control of strike powers. (ii) Reduction of
The form of elasticity which economists commonly state like an absolute value since this is classically negative is the: (1) price elasticity of supply. (2) income elasticity of demand. (3) price-cross elasticity of supply. (4) price-
Select the right answer of the question. We would expect a cartel to achieve: A) both allocative efficiency and productive efficiency. B) allocative efficiency, but not productive efficiency. C) productive efficiency, but not allocative efficiency. D) neither allocati
Hey friends I need your help for illustrates that this is NOT true by monopolies: (1) are generally more profitable in the long run when there are barriers to entry. (2) sometimes incur losses. (3) may try to increase demand by marketing. (4) shut down while faced by
The LEAST likely outcome, when the federal minimum wage is increased $1 over the equilibrium wage rate, that would be for the: (w) unemployment rate of teenagers and unskilled workers to rise. (x) quantity of unskilled workers supplie
Which of the given behaviors is least reliable with standard economic suppositions regarding consumer behavior? (i) Gustav cannot decide which of three distinct combinations of goods he favors. (ii) Lynn hates pickled herring; however Chris is willing
When the nominal price of apples at a remote orchard is fewer than at a local grocery store, in that case you are more probable to buy at the orchard when: (w) at all possible, because produce is invariably cheaper at the orchard. (x) you desire to bu
18,76,764
1956578 Asked
3,689
Active Tutors
1422780
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!