If, according to the permanent income hypothesis, CP=0.9Y, and X-XE-1+0.5(X-YR-1), then the MPC out of current...
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If, according to the permanent income hypothesis, CP=0.9Y, and X-XE-1+0.5(X-YR-1), then the MPC out of current income will be A. B. C. D A. B. C. D. According to the permanent income hypothesis, during recessionary periods we should observe I 0.45. 0.95. A. B. 0.5- 0.9. D. According to the simple version of the accelerator theory of investment, the level of investment will depend on the a rise in the APC.. a fall in the APC.. a rise in the MPC.. a fall in the MPC.. rate of change in interest rate.. level of government spending.. rate of change in output.. level of existing inventories.. If, according to the permanent income hypothesis, CP=0.9Y, and X-XE-1+0.5(X-YR-1), then the MPC out of current income will be A. B. C. D A. B. C. D. According to the permanent income hypothesis, during recessionary periods we should observe I 0.45. 0.95. A. B. 0.5- 0.9. D. According to the simple version of the accelerator theory of investment, the level of investment will depend on the a rise in the APC.. a fall in the APC.. a rise in the MPC.. a fall in the MPC.. rate of change in interest rate.. level of government spending.. rate of change in output.. level of existing inventories..
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