APC is determined by the following equation:

Related MCQs

• In the Cambridge equation of M = kPR, the value of kis:
• In the Fisher’s extended equation of exchange MI VI represents:
• The cash balance equation M = KPO was given by:
• In the equation MV+ MI VI = PT, ‘M ‘denotes:
• In Fisher’s equation of exchange MV=PT, the variation of which produces a proportional change in price:
• Pigou’s version of Cambridge equation is:
• In the equation C = 60 + 0.6 Y, MPCis
• In Fisher’s transaction velocity model, one of the following is not an assumption:
• In classical system which of the following keeps the economy at full employment:
• In classical theory which of the following is found in the economy: