The market system
1. Examples of command economies are: A. The United States and Japan. B. Sweden and Norway. C. Mexico and Brazil. D. Cuba and North Korea.
What relationship does the MPC bear to the size of the multiplier
When in an economy intended investment is more than intended savings, then what is the consequence of it on the national income? Answer: When I > S, the level of
Government tax and transfer payments generally
State the Law of supply and explain the factors that affecting supply of commodity
What is the alternative name of value added technique of estimating national income? The alternative name of value added technique of estimating national income is production method.
What is Supply schedule and how it is related to supply curve?
The country’s balance of trade is Rs.500 crores. The value of exports of goods is Rs. 650 crores. What is the value of imports of goods?
Substitutes: The two goods for which a rise in the price of one good leads to a rise in the demand for another.
Hey friends i need your support for justify the problem that is given below: If the United Auto Workers Union acquires benefit package and a large wage from GM, Ford, and Chrysler which increases the cost of U.S. cars, it is a
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?
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