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A: B. True, False
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A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…
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A: Microeconomics is a branch of economics that studies the behaviour of individual economic units such…
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A: The term positive economics refers to the objective analysis in the study of economics. Most…
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A: here we can calculate the increases in income by using multiplier formula which are as follow-
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A: We get NPW by the following expression,
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