Solved

APC Is Determined by the Following Equation

Question 16

Multiple Choice

APC is determined by the following equation:


A) c/y
B) s/y
C) ?c/?y
D) ?s/?y

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q11: MEC isinversely related to:<br>A)prospective yield<br>B)supply price<br>C)investment<br>D)rate of

Q12: According to Keynes the most important determinant

Q13: In Keynesian terminology, investment means:<br>A)financial investment<br>B)real investment<br>C)induced

Q14: The MEC increases when:<br>A)capitalstock increases<br>B)capitalstock decreases<br>C)capital remains

Q15: Which of the following can cause shifts

Q17: MEC is directly related to<br>A)prospective yield<br>B)supply price<br>C)rate

Q18: In the Keynesian two sector economy, AD<AS,

Q19: Value of MPC is<br>A)>1<br>B)<1<br>C)0<br>D)0? mpc ?1

Q20: Keynesian economics is:<br>A)macro<br>B)micro<br>C)both<br>D)none

Q21: Keynesian economics is also known as:<br>A)supply side