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RADHA BHUGANA-AGGREGATE DEMAND, AGGREGATE SUPPLY AND RELATED CONCEPTS-LONG ANSWER
- Explain 'consumption function' with the help of a schedule and diagram
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- Explain saving function with the help of a schedule and diagram.
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- Draw on a diagram a straight line savings curve for an economy. From i...
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- Define investment. Explain its types using suitable diagrams. .
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- Outline the steps required to be taken in deriving the consumption cur...
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- Outline the steps required to be taken in deriving the consumption cur...
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- Distinguish between MPC nad APC. Give a numerical example.
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