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The correct answer is B
With fixed costs of $400, a firm has average total costs of $3 and average variable costs of $2.50. Its output is:
If, C = 250 + 0.5 (Y-T) , I = 250-500i, i=0.1 and G=T= 300. What will be the equilibrium level of income?
Given the following data for an economy:
National Income: $700 billion
Depreciation: $50 billion
Indirect taxes minus subsidie...
If interest payments are subtracted from gross fiscal deficit, the remainder will be
Suppose the relationship between Y and two explanatory variables in true model is Yi = 5+2.4X1i-3.5X2i + ei . What is the value of beta(1) in the regres...
For which of the following consumption functions, the value of income multiplier, k=5?
What is the reserve deposit ratio (rdr)?
If the regression coefficients of x on y and y on x are -1/4 and -1/9 respectively, then what is the correlation coefficient between x and y?
Multicollinearity causes
In a small open economy with a floating exchange rate, the supply of real money balances is fixed and a rise in government spending ______
