Value of MPC when MPS is zero
Determine the value of MPC whenever MPS is zero? Answer: Whenever MPS = 0, MPC = 1 – 0 = 1.
Determine the value of MPC whenever MPS is zero?
Answer: Whenever MPS = 0, MPC = 1 – 0 = 1.
Equilibrium quantity: It is the quantity supplied and the quantity demanded at equilibrium price.
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What does fiscal deficit in government budget mean? Answer: This means more borrowing on the portion of government.
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