Quick Revision Quiz
What is quantitative market research?
Use a diagram to explain how a country can hold its exchange rate above its free market level.
What will cause a Contraction in the Supply curve?
Define Marginal Propensity to Save (MPS)
What would be your first step in solving the inequality 5/x<4?
If a quadratic has two real roots, what do I know about the discriminant?
Draw the LRAS curve.
Higher savings rates will make the multiplier effect __________.
Draw the AD curve.
Explain how a higher/lower marginal propensity to consume (MPC) will affect the multiplier effect.