Consumption curve
Illustrate a point on consumption curve at which APC = 1. Answer: APC = C/Y = 1 is possible when C = Y, that is, Consumption is equivalent to Income.
Illustrate a point on consumption curve at which APC = 1.
Answer:
APC = C/Y = 1 is possible when C = Y, that is, Consumption is equivalent to Income.
In poor countries people spend a big percentage of their income so that APC and MPC are high. Yet, the value of multiplier is low. Explain why?
What are the strength and weakness of using per capital national income? give explained answer for query
In government budget, primary deficit is Rs. 10,000 crores and interest payment is Rs. 8,000 crores. Compute the fiscal deficit?
What does fiscal deficit in government budget mean? Answer: This means more borrowing on the portion of government.
What is meant by the term business cycle as described by economists?
If the MPC is .70 and investment increases by $3 billion, the equilibrium GDP will:
Question: Why might it be difficult for the Fed to formally adopt inflation targeting? Would inflation targeting be a good policy for the Fed in the present economic environment? Q : Another name of macroeconomics What is What is another name of macroeconomics? Answer: Income theory
What is another name of macroeconomics? Answer: Income theory
Quantity of a good: The quantity of a good which buyers demand is found out by the price of the good, income, the prices of associated goods, expectations, tastes, and the number of buyers.
planned investment. planned saving. the difference between planned saving and actual saving. the difference between planned investment and actual saving.
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