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Q1. If consumption increases by $12 billion when real disposable income increases by $15 billion, illustrate what is the value of the MPC? Illustrate what is the relationship between the MPC and the MPS? If the MPC increases, illustrate what must happen to the MPS? Explain how is the MPC related to the consumption function? Explain how is the MPS related to the saving function?
Q2. Contrast two or three key economic factors for your countryside by means of U.S. economy and comment. For example, if per capita GDP is significantly lower in your country than in the United States, Illustrate what might this imply?
She is now considering raising her prices by 20 percent to offset the increase in her monthly rent.
What are price indexes design to measure? Out-line how they are constructed. When GDP and other income figures are compared across time periods?
You know that marginal cost of last unit is $30. Should industry continue to operate at a loss. Carefully elucidate your answer
q. suppose there are two consumers a and b. the utility functions of each consumer are given byuaxy xyubx y 2x ythe
elucidate the effects of such expectations on the following variables today: output (Y), nominal interest rate (i), exchange rate (E), investment (I) and trade balance
Elucidate how Illustrate what occurs to demand for L1 when w2 increases. Illustrate the scale also substitution effects.
Explain this result in terms of the example in the question above. How might things change if the border were open, with no restrictions on immigration?
It comes to global expansion and setting up affiliates aboard, how is a service company's focus different from that of a manufacturing company
How many bottles would be demanded in entire market if price is $1.00. How many bottles would be demanded in entire market if price is $2.00.
Elucidate how the equilibrium quantity for the representative firm on the same graph.
q1. suppose a health expenditure function is specified in the following manner e 500 0.2y where e represents annual
Graph Mary's marginal cost curve using the orange line and her marginal revenue curve using the blue line
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