Ayushi Asked a Question
August 13, 2020 11:21 pmpts 30 pts
8. Which of the following statements is true with respect to MEC? 8. (1) The concept was given by the classical school (2) It is positively related with expected series of annuities (3) It is positively related with supply price of capital assets (4) It is high during recession
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  • Nidhi taparia Best Answer
    Option (2) is correct. As expected series of annuities (or the return or yield from investment) rises, MEC or marginal efficiency of capital will also rise. When the former falls, ...
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