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Author Question: If product price increases, then: a. MP will increase. b. MFC will increase. c. MRP will ... (Read 49 times)

Melani1276

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  • Posts: 516
on: Jun 30, 2018
If product price increases, then:
 a. MP will increase.
  b. MFC will increase.
  c. MRP will increase.
  d. MP will decrease.

Question 2

Suppose government purchases increase by 100 million in an economy, which leads to total output increasing by 500 million. The size of the multiplier is _____.
 a. 400
  b. 5
 c. 500
  d. 0.5
 e. 50


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nhea

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

e


Melani1276

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  • Posts: 516
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

tandmlomax84

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  • Posts: 323
Reply 3 on: Yesterday
Great answer, keep it coming :)

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