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Define Disposable Incomeand dumping Disposable Income : The amount of income left after as deductions as income tax, pension contributions and national insurance. More genera
solution of central problem of an economy
M.Phil. Admission Test, 2017 Economics Model Question Group A Domain Knowledge in Economics Correct answer is as marked in black. Micro Economics 1. Consider a utility function U =
Disposable Personal Income The amount of cash remaining after taxes are removed that an individual has the opportunity to spend.
if tc is 200 what will be marginal cost?
Example of a cost function
how to draw a table of the demand and supply scdule
f(x1 x2,x3,x4) =min(x1/4x22/3,x3+2x4)
keynsian cross model
Suppose that investment spending increases by $10 million, shifting up the aggregate expenditure line and increasing GDP from GDP1 to GDP2. If the MPC is 0.9, then what is the chan
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