Given that Y = C + I and C = bY where b = 0.8, what is th...
Given that Y = C + I and C = bY where b = 0.8, what is the multiplier?
5
10
4
2
Correct answer is A
No explanation has been provided for this answer.
The formular (N + 1)/2 is used to determine the ...
An argument for the use of commercial policy rest on the need to ...
The gains from international trade are shared on the basis of the ...
Which of the following is NOT a characteristic of perfect competition? ...
The most important quality of money is that it must be ...
Opportunity cost is an economic concept which describes the ...
The demand for a commodity for the sake of what it will yield is ...
Opportunity cost is best defined as? ...
Which of the following is true under rapid inflation? People ...