The income of an individual increases from N150 to N250 a...
The income of an individual increases from N150 to N250 and his consumption rate increases from N100 to N150. Calculate the Marginal Propensity to Consume
2
0.4
1
0.5
Correct answer is D
No explanation has been provided for this answer.
The following are types of monopolies EXCEPT ...
Frictional unemployment can be reduced by ...
Amount proposed for payment of wages and salaries in a budget is regarded as part of ...
The capital market provides business firms with the avenue to ...
The following are the objectives of economic planning EXCEPT ...