If MPC = 0.75 (and there are no income taxes but only lump-sum taxes) when T decreases by 100, then the IS curve for any given interest rate shifts to the right by:

What will be an ideal response?


300.

Economics

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What will be an ideal response?

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When marginal cost is below average total cost:

a. total cost is falling. b. total cost is rising. c. average total cost is falling. d. average fixed cost is rising. e. total variable cost is falling.

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Cross-price elasticity is represented by the formula ?Q/?P × P/Q; where Q and ?Q represent the quantity demanded and change in quantity demanded of a good, and P and ?P represent the price and change in price of a related good respectively

a. True b. False Indicate whether the statement is true or false

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a. True b. False Indicate whether the statement is true or false

Economics