User Account

All Pages

The marginal propensity to consume

Assignment Help Business Economics
Reference no: EM133223242

Question

The marginal propensity to consume (MPC) is 0.75, marginal propensity to invest (MPI) is 0.3, and the marginal propensity to import (MPM) is 0.2. What is the size of the multiplier?

Explain what this measure means (show by an example)

Reference no: EM133223242

Questions Cloud

What is meant by autonomy : What is meant by "autonomy," and in what way is autonomy a source of rights?
Adding story would increase structural costs : Adding story would increase structural costs from $600,000 to $900,000 and double the cost of the exterior enclosure that is $400,000 for the one-story building
Review key features and benefits of an inclusive learning : Level 5 Diploma in Education and Training, Explain how identifying and taking account of learners' individual learning preferences enables inclusive teaching
What rights were provided as a result of jerry gault case : At the conclusion of your legal brief, provide a discussion on what rights were provided as a result of Jerry Gault's case
The marginal propensity to consume : The marginal propensity to consume (MPC) is 0.75, marginal propensity to invest (MPI) is 0.3, and the marginal propensity to import (MPM) is 0.2.
Defining the concepts of health and disease using references : Write a paper - 3 pages - cover and reference pages not included. Defining the concepts of health and disease using references from different authors
What feature of globalization : What feature of globalization does this excerpt refer to? Describe two aspects of globalization that have proven harmful to developing countries.
Soviet union experience of central asian republics : What is a disadvantage of the Soviet Union experience of the Central Asian Republics and in what way can Western trained business manager take advantage?
What was the mission of the new archaeologists post-WWI : What was the "mission" of the new archaeologists post-WWI? What were Lewis Morgan's ideas? What is "matri-local residence"

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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