Q1 consider the following numerical example of the simple, Ask an Expert

Economics

Q1. Consider the following numerical example of the simple Keynesian model with no government spending or taxes (all figures in $millions): C = 100 + 0.9 Y I = 50 a). Illustrate what is the value of marginal propensity to consume (MPC) in this model? The marginal propensity to save (MPS)?

Q2. If two countries have different tastes also identical production-possibilities frontiers, whenever is it possible for each country to gain from trade with other countries?

Q3. Does aggregate accounting enable us to measure also analyze how much a nation is producing also consuming?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9725061

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