The income multiplier is equal to 1/MPC
Indicate whether the statement is true or false
F
Economics
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Explain why the social demand curve for a public good is the vertical sum of the demand curves of each individual
What will be an ideal response?
Economics
The judging of an individual on the basis of the average characteristics of the group to which the individual belongs rather than the individual's characteristics is:
A. Statistical discrimination B. Reverse discrimination C. Human capital discrimination D. Wage discrimination
Economics