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Q. Assume which disable income consumption also savings in some nation are $200$ billion $150 billion also $50 billion respectively. Next assume which disposable income increases by $20 billion consumption rises by $18 billion also savings goes up by $2 billion. Illustrate what is the economy's MPC? It's MPS? Illustrate what was the APC before the increase in disposable income? After the increase
Q. Generally speaking, the smaller the percent (%)age of one's total budget devoted to a particular product, the more price elastic will be the demand for which product
Illustrate what technologies are utilized. Describe the competitive environment within the industry. Is there a dominant firm.
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If you deposit money today in an account that pays 6.5% annual interest, how long will it take to double your money.
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What are price indexes designed to measure. Outline how they are construed. When GDP and other and other income figures are compared across time periods.
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