Re: ISI 2013 ME - I Answer Key

Posted by Jim_Moriarity on May 08, 2015; 1:44pm
URL: http://discussion-forum.276.s1.nabble.com/ISI-2013-ME-I-Answer-Key-tp7579715p7596677.html

How you got MPC >= 1?

In. 6 Its a demand determined economy, supply technology changed but demand didn't so. Y remains same in 1st part. But for the same Y we need half L. So Unemployment increases.
Similarly the 2nd part.