McConnell Brue Flynn 19e
What relationship does the MPC bear to the size of the multiplier
Why the value of MPC is not greater than 1? Answer: This is because change in consumption can never be more than change in income.
what can be the minimum value of investment multiplier?
planned investment. planned saving. the difference between planned saving and actual saving. the difference between planned investment and actual saving.
Question: Some commentators have argued that the failure of the "Supercommittee" is good thing for the economy? Do you argree? Answer: Q : Normative macroeconomic policy Widely accepted normative macroeconomic policy objectives include: (w) full employment and economic development. (x) allocative, productive, and distributive efficiency. (y) maximum freedom and economic profits. (z) job security and equality within th
Widely accepted normative macroeconomic policy objectives include: (w) full employment and economic development. (x) allocative, productive, and distributive efficiency. (y) maximum freedom and economic profits. (z) job security and equality within th
Substitutes: The two goods for which a rise in the price of one good leads to a rise in the demand for another.
Elucidate the differences among the frictional, structural, and cyclical forms of unemployment.
Tax revenue: Tax revenue is the revenue which occurs on account of taxes levied by government. Taxes are of two kinds: direct taxes and indirect taxes. Direct taxes are such taxes levied instantly on the property and income of person’s income ta
Can someone help me in finding out the right answer from the given options. The substitution effect is fully explained when: (i) Brandon just eat tofu since he is on a diet. (ii) A rise in the price of corn chips drives up demand for the salsa. (iii)
Question: This assignment in Economics, deals with macro-economics. An essay on Market imperfection associated with negative externalities. According to Economics, perfect markets would require an "invisible hand" to allocate all the resources to be a
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