What are non-income determinants of consumption and savings

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Reference no: EM13772997

What determines Investment?

What is APC?

What is APS?

What is MPC?

What is MPS?

What are the non-income determinants of consumption and savings?

What is interest rate?

What is expected rate of return?

What is multiplier effect?

What is Equilibrium GDP? (Show it graphically)

Reference no: EM13772997

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Explain the slope of the AS curve in the long run : How does the AS during short run slopes? Draw AS curve in the long run. Explain the slope of the AS curve in the long run. What are the causes for the changes in AS (Shift)? What is Equilibrium in AD and AS. What happens if AD increases above equilib..

What are the factors that affect consumer spending : What causes movement along AD curve? What causes a shift in the AD curve? What are the factors that affect consumer spending ( C)? What are the factors that affect changes in Investment spending (I)?

Inverse relationship between price level and the real output : Why substitution effect does not apply to AD the way it is in the demand for a single product? Does Income effect apply to AD as it is in the demand for a single product? What do we consider when we explain the inverse relationship between price leve..

How net exports affect aggregate expenditure in the economy : What does equilibrium GDP means? How net exports affect aggregate expenditure in the economy? How prosperity abroad affects our exports? What happens when there is disequilibrium situation? When GDP is less than the equilibrium. When GDP is more than..

What are non-income determinants of consumption and savings : What is MPS? What are the non-income determinants of consumption and savings? What is interest rate? What is expected rate of return?

What is the difference between recession and depression : What are the phases of business cycle? What happens during prosperity? What happens during contraction phase? What is the difference between recession and depression?

What is gross private domestic investment : What is Gross Private Domestic Investment? What is net investment? What are the government purchases? What is Net Export? What is Net Domestic Product?

How gdp is measured through expenditure approach : Who compiles data for the national accounting in US? How GDP is measured through income approach? How GDP is measured through expenditure approach? What are the differences between income and expenditure approaches in measuring GDP?

Full flexible prices and demand unexpectedly increases : If economy has full flexible prices and demand unexpectedly increases you would expect that the economy’s real GDP would tend to Increase, Decrease. Remain the same? What happens when demand fluctuates lower than expected? What happens when demand fl..

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