thank you! but also like kinda still confused like which one the receipts and foreign aid, remittances goes. also when people send money to families abroad what would that be counted as?
thank you! but also like kinda still confused like which one the receipts and foreign aid, remittances goes. also when people send money to families abroad what would that be counted as?
Those are counted as net secondary incomethank you! but also like kinda still confused like which one the receipts and foreign aid, remittances goes. also when people send money to families abroad what would that be counted as?
oh okay thank you!Those are counted as net secondary income
section 3is microeconomic reform more likely to be a section 3 or 4 essay?
Anyone know how to do this question?
1. An increase in investment of $5000 incraesed the equilibrium level of national income by $20000. What is the marginal propensity to consume?
How do I apply the formula. Anyone have formulas? Is Ad the same as C?
Change in Y = k * change in AD
which means k = 20000/5000 = 4.
from the formula of simple multiplier MPS = 1/4 = 0.25
MPC = 1 - MPS = 1 - 0.25 = 0.75
2. the answer is 0.75
also how do you do:
View attachment 40711
the size of the subsidy is the vertical gap between the two curves so 12 - 10 = $2
and
View attachment 40705
MPS = (600-500)/(2000-15000 = 0.2
k = 1/0.2 = 5
from formula in the first question, 1000/5 = $200
And
View attachment 40709
after the changes, it can be determined that a tariff of $2 is imposed on top of world price. before this change, gov revenue was zero meaning no imports were coming into the country. the increase in foreign producer revenue means that its a quota because now 200 imports are allowed
yeah real. everyone predicted international crime for legal and we got a role of courts question..predictions are always wrong
not alwayspredictions are always wrong
traumayeah real. everyone predicted international crime for legal and we got a role of courts question..
ive done fuck all study for it so i might be screwedhow prepared r u guys for eco
im not ready at all, like im giving up at this point and for me i suck at multiple choice and short answer but the essays i think i can bs it lolhow prepared r u guys for eco
yeah saMe i really dont care anymore yolo LMAO + i aint getting any band 6's for all of my subjects so whateverim just ready to get it over with lol
fuck it we ballim just ready to get it over with lol
I believe in youstate rank incoming