Marginal revenue received by a firm in a perfectly

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Q.1. Compute the numerical value of the multiplier.

2. Compute the equilibrium real GDP without investment. Illustrate what is the multiplier effect from the inclusion of investment?

3. Compute the average propensity to consume at equilibrium real GDP.

4. If equilibrium real GDP is $8,000 when investment is $400, Elucidate what happens to equilibrium real GDP if autonomous investment declines to $200.

Q. The marginal revenue received by a firm in a perfectly competitive marketplace is illustrating what?

Q. how the present situation of American economy effects the overall economy of other countries? Will really effect the economic conductions?

 

Reference no: EM1321788

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