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Marginal propensity to SPEND refers to: a. a nation's additional spending on a good per an additional unit of expenditure. b. a nation's additional consumption based on a unit increase in income. c. a nation's additional spending based on a unit of trade revenue. d. a nation's willingness to pay for various goods and services. Please give a brief explanation on your answer.
if we impose any rule and regulation on clasical model like not expoit polutionso what is effect on factor of clasical model
Explain whether the following statements are true or false: a) The long run aggregate supply curve is vertical because economic forces do not affect long run aggregate supply.
The study of the overall aspects and workings of a national economy is like as income, output, and the interrelationship between diverse economic sectors. It is the study of all as
#If the reserve bank wants to pursue a contractionary monetary policy, the bank should?
assuming that B=0.33 Y1998=[0.33]Y1998 Estimate the permanent income for 1998
How can consumers become better educated about the products they are considering for purchase? To what extent do you personally go to acquire the best information available?
You make a monthly deposit of $1,000 into a saving account for the next 10 years. How much can you withdraw immediately after your last deposit if your saving account pays 6% per y
Briefly explain the dynamics of the 2007 financial crisis in terms of adverse selection and moral hazard.
Shortage, Surplus and Price Mechanism: A shortage is the situation in which the demand exceeds supply, which means producers are unable to meet the market demand for the produc
Q. Explain function of AS-AD model? The function of AS-AD model is to extend IS-LM model so that we can analyze situations where Y > Y OPT . To achieve this, we should make P e
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