The fraction of change in income that is consumed or spend is called ?
A. the marginal propensity of expenditure
B. the marginal propensity to save
C. the average propensity to consume
D. the marginal propensity to consume
A. the marginal propensity of expenditure
B. the marginal propensity to save
C. the average propensity to consume
D. the marginal propensity to consume
A. a football
B. goal posts
C. team uniforms
D. playing football
A. producer surplus
B. deadweight surplus
C. government surplus
D. consumer surplus
A. clear everybody out
B. capital employment outlay
C. chief executive officer
D. Caribbean Entrepreneurs Office
A. Grows negatively
B. Grows slowly
C. Grows by 0%
D. Grows rapidly
A. a higher growth rates
B. a fluctuating growth rate
C. a fluctuating growth rates
D. no change in the growth rate
A. Advertising manipulates people’s tastes to create a desire that otherwise would not exist
B. Advertising increase competition Which causes unnecessary bankruptcies and layoffs.
C. Advertising increases brand loyalty causes demand to be more inelastic and thus, increase mark-up over marginal cost.
All of these answers are criticisms of advertising and brand names