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Q. Strength of the multiplier in microeconomics?
Multiplier: An initial stimulus to spending (in form of new consumer, business or government purchases) generally results in a larger final increase in total spending, production and employment in the economy. This magnifying effect is known as multiplier. The strength of the multiplier relies on many factors, including type of initial spending, the importance of imports in spending and amount of unused capacity that initially existed in the economy.
What is Economic Theory? An economic theory that can be considered an axiomatic approach comprise a set of assumptions and circumstances, an analytical framework and explanatio
Due Diligence The investigative procedure an investor should conduct into the operations and business strategy assumptions of an organization soliciting investors.
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a curve on a graph shows the relationship between apartment rent in a town and the quantitiy of apartments that people want at each rent. A new industry enters the town and the pop
contrast the longrun equilibrium positions of monopolistic competition firm and oligopoly
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fig2.3 elaplanition of sales maximisation
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