Marginal propensity, Macroeconomics

Assignment Help:

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.


Related Discussions:- Marginal propensity

What causes a demand curve to shift, What causes a demand curve to shift? ...

What causes a demand curve to shift? a. Changes into the Prices of Related Goods Substitutes Complements b. Changes into Income Normal Goods Inferio

What is the price elasticity of supply, What is the price elasticity of sup...

What is the price elasticity of supply? Price elasticity of supply: The price elasticity of supply is a measure of the receptiveness of the quantity of a good supplied to pr

Describe the concept of economies of scale, Question: Using diagrams wh...

Question: Using diagrams where appropriate, describe the concepts of scarcity, choice and opportunity cost. Distinguish between negative and positive externalities, explain

What are the macroeconomic variables, Macroeconomics usually deals with the...

Macroeconomics usually deals with the behaviour of aggregates of economic variables. An economic variable is a magnitude whose value may changes. Important variables in macroeconom

Velocity and the quantity equation, when the income velocity of circulation...

when the income velocity of circulation (V) rises, why does the economy''s total output must rise?

If the airline industry was an oligopoly and Qantas and Virg, If the airlin...

If the airline industry was an oligopoly and Qantas and Virgin could collude, what would be a dominant (Nash equilibrium strategy) that they could adopt with reference to their pri

Determine price level from the quantity theory of money, Q. Determine price...

Q. Determine price level from the quantity theory of money? The price level The price level is determined from the quantity theory of money:  P = (M.V)/Y

Every month price of the telecommunication services, You are an assistant t...

You are an assistant to a senator who chairs an ad hoc committee on reforming taxes on telecommunication services. Based on your research, AT&T has spent over $15 million on relate

Illustrates about the terms of elasticity, Illustrates about the terms of e...

Illustrates about the terms of elasticity? • Definition of elasticity a. Price elasticity of demand b. Income elasticity of demand and c. Price elasticity of supply

Towards a national accounting system, TOWARDS A NATIONAL ACCOUNTING SYSTEM ...

TOWARDS A NATIONAL ACCOUNTING SYSTEM  A real life modern economy is a very complex structure consisting of millions of units engaged in a variety of economic transactions. Ther

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd