Q1. if the marginal propensity to consume is 0.75
a) Illustrate what is the value of the multiplier
b) Illustrate what is the marginal propensity to save
Q2. The last major conflict between the US army also Native Americans took place at?
Q3. Janelle earned a salary of $40,000 in 1996 also $65,000 in 2006. The consumer price index was 160 in 1996 also 266 in 2006. Janelle's 2006 salary in 1996 dollars is
Q4. Utilize the concept of opportunity cost also PPF to explain the phrase "affluence tomorrow requires sacrifices today"