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The ratio of change in the equilibrium level of output to a change in some autonomous variable is the ?

The ratio of change in the equilibrium level of output to a change in some autonomous variable is the ?

A. automatic stabiliser
B. multiplier
C. elasticity coefficient
D. marginal propensity of the autonomous variable

The ratio of change in the equilibrium level of output to a change in some autonomous variable is the ? Read More »

Economics Mcqs, Miscellaneous Economics Mcqs

The speculative demand for money occurs when ?

The speculative demand for money occurs when ?

A. Individuals hold money just in case an emergency happens
B. Individuals hold money to buy things
C. Individuals hold money rather than other assets because they are worried about the price of the other assets falling
D. Individuals hold money to shop

The speculative demand for money occurs when ? Read More »

Economics Mcqs, Miscellaneous Economics Mcqs