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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | Apr 2017 |
| Last Sign in: | 327 Weeks Ago, 4 Days Ago |
| Questions Answered: | 12843 |
| Tutorials Posted: | 12834 |
MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
Q1.You are given the following data for a country.1)C=200+0.8y.2)I=100 (3)Y=C+I (4)Y=Yd, a)what is the Marginal propensity to consume(MPC)?(b) what is the marginal propensity to save?(MPS)(c) Graph equation 3 (d) what is the equilibrium level of Y? (e) calculate the savings for the economy.
Q2.WHY DO YOU THINK SECOND HAND CLOTHES SHOULD NOT BE ADDED TO GDP (GROSS DOMESTIC PRODUCT)?
Q3.WHAT IS FRICTIONAL UNEMPLOYMENT? GIVE EXAMPLES
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