Answer:
D. V fell.
Explanation:
According to the quantity theory :
Money Supply x Velocity = Price x Output
If money supply is fixed, price is directly proportional to velocity.
If price fell, then velocity also fell.
V fell and Y rose
Answer:
The correct answer is D
Explanation:
Diversified company is the company which is diversified in nature, means that type or kind of company or business which has multiple number of unrelated products and businesses.
And unrelated businesses is defined as those businesses which need or require the unique expertise of management and will have different end consumers.
The hierarchy which is strategy making for the diversified company comprise of the corporate strategy, functional strategy, operating strategy as well as business strategies.
The answer to your question would be <span>entrepreneur!</span>
A high level of industrialization.
Answer:
C
Explanation:
In economics, when the word Marginal is mentioned, it refers to additional, as in one extra unit.
For example when we hear marginal revenue, it means the revenue gotten from selling an additional unit, when we hear or speak of marginal cost, it is the cost of producing or getting one more unit.
Propensity is a tendency, an inclination to do something.
So adding the three words together, marginal propensity to consume will be the tendency or inclination to consume one extra unit as a result of earning extra income.
Hence (MPC) is the fraction of extra income consumed.
I hope the concept is clearer.
