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.
If there are significant economies of scale in an industry, then: A) a firm that is large may be able to produce at a lower unit cost than can a small firm. B) a firm that is large will have to charge a higher price than will a small firm. C) entry to that industry wi
State the meaning of Inflationary Gap: This refers to the amount by which the real aggregate demand exceeds the level of aggregate demand needed to establish full employment equilibrium.
I have a problem in economics on Statement of Demand Prices. Please help me in the following question. Demand prices are stated as the relative: (1) Prices sellers charge for goods whether we purchase or not. (2) Values that individual subjectively put on having a bit
Financial assets will create lower rates of return to prospective investors while: (w) they become more liquid. (x) their prices go up. (y) interest rates increase. (z) default risks decrease. Hey
what do you mean by a social welfare function? if you assume that such a function exists, what properties of social optima would be considered by you? discuss such properties.
Suppose the demand and supply for milk is described by the following equations: QD = 600 - 100P; QS = - 150 + 150P, where P is price in dollars, QD is quantity de
The demand for agricultural products is: A) relatively elastic with respect to price. B) relatively inelastic with respect to price. C) relatively elastic with respect to income. D) downward sloping to the individual farmer, but perfectly elastic to farmers as a group.
When a purely competitive industry is within long-run equilibrium and consumer demand then raises, the short-run industry quantity supplied and equilibrium price would tend to: (w) fall. (x) rise. (y) remain similar. (z) swing up and
Predatory behavior would not comprise: (w) lowering prices. (x) expanding output. (y) rapid technological innovation. (z) raising prices. Can anybody suggest me the proper explanation for given problem regarding
Government budget: Government budget demonstrates the estimated receipts and estimated expenses of the government for 1-year.
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