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If the AD excess is $300 billion and the MPC is 0.8 how much fiscal restraint is required? What does the "debt held by the public" mean?
The Stop decay company sells an electric toothbrush for $25. Its sales have averaged 8,000 units per month over the past year. Recently, its closest competitor, Decay fighter, redu
Buying government securities: When a commercial bank buys government bonds, the effect is substantially the same as that of lending - new money is created. To
discuss four weaknesses of using national income statistics in comparing living standards between two countries
using the marginal utility theory explain the consumption patten of consumers
What are the difference between explicit cost and implicit cost? Both are concerns to Opportunity Cost and Decisions: An explicit cost is a cost which involves essentially
How could utility theory help us understand the difference between a federal income tax and a federal sales tax on consumer consumption patterns?
What are economic growth and the growth rate? Economic grow: It rise in a country is real level of national output like measured through Gross Domestic Product (GDP). Wh
Price Mechanism Price mechanism is the point, which equilibrates supply and demand within a market. It is a mechanism of pricing. The price mechanism is one, which permits the p
what are the factors effecting reciprocal demand?
Q. What is national income? What are the different methods of measuring national income? National income is the aggregate money value of the annual flow of final goods and serv
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