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Results tagged with Search options user 18212
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government injection is not likely to lead to a much greater change in national income. This is why government injection is not effective in achieving actual economic growth in Singapore. I think … , the MPC = 0, k would still be 1, i.e. the autonomous injection by the government will be fully equal to the increase in the real national income. Wouldn't that still mean that an autonomous injection …
asked Jan 4 by Tan Yong Boon
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I am a student taking H2 economics at the 'A' levels. Recently, in one of our case study questions in one of the tutorials on the price mechanism and its applications, we covered the food crisis. As I …
asked May 5 '18 by Tan Yong Boon