Relationship which MPC bear to the size of the multiplier
What relationship does the MPC bear to the size of the multiplier?
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The MPC is directly (positively) associated to the size of the multiplier. The MPS is inversely (negatively) associated to the size of the multiplier.
Section 26.00: It is a Control Section of Budget Act which gives the authority for the transfer of funds from one class, program or function in a schedule to the other category, program or function in the similar schedule, subject to particular limita
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3-year Expenditures and Positions: The display at the beginning of each departmental budget which presents the different departmental programs by title, dollar totals, places, and source of funds for the past, current, and budget years.
Character of Expenditure: A classification recognizing the major purpose of expenditure, like State Operations, Local Assistance, Capital Outlay, or Unclassified.
what are the disadvantages of working capital
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