Income Determination Solved Problems
This page consists of various solved problems related to income determination that were asked in di…
This page consists of various solved problems related to income determination that were asked in di…
1- Concept of Multiplier The concept of the multiplier, which plays an important role in the modern…
1-Introduction Before we proceed to a detailed description of the Keynesian model of income determi…
1- Solved Questions 1- Given that: Qd/1500 + P/1500 = 1 and Qs = 4P, what is quantity supply or qua…
Under the Keynesian consumption function, it has been mentioned that consumption expenditure increa…
In general, consumption propensity is nothing more than that of human tendency, with a variation i…
Before we proceed to a detailed description of factors affecting consumption function, let's st…
To know whether there is a psychological law in economics or not, if there is, how it functions, yo…
1- Solved problems of national income measurement 1.1- Consider the following data for national inc…
1- Methods of Measuring National Income There are three main methods of measuring national income …
1- Meaning and Definition of National Income National income is the sum of incomes of all the citi…
1- Concept and Meaning The principle of effective demand is the beginning point of Keynesian Theory…
Given the utility function of good x and y as, `\U=\x^{3/4}\y^{1/4}` Prices of good X and Y `\Px=6\…
Solved questions, 1- Tom purchased 10 units of a commodity when its price was $5 per unit. He purc…
1- Meaning of Circular Flow An economy consists of various economic agents like producers, buyers,…
1- Scope of Macroeconomics Macroeconomics is the study of economic behavior and performance of the …