Which of the following is not a primary determinant of consumption spending?

A. Wealth
B. Rate of return on capital
C. Real income
D. Interest rates on savings


Answer: B

Economics

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College education tends to result in a positive externality because the recipient receives the full benefit of the education

Indicate whether the statement is true or false

Economics

Each Federal Reserve district bank is a corporation owned by

a. the member banks in the district. b. the people of the United States. c. the U.S. Department of the Treasury. d. federal securities owners.

Economics

Which of the following guarantees the deposits in almost all banks up to a $250,000 limit per account?

a. the Federal Reserve b. the FDIC c. the U.S. Treasury d. Bank of America Corporation

Economics

Which of the following scenarios is an example of the tragedy of the commons?

a. Extensive fishing of Bluefin Tuna in the Atlantic Ocean b. Overuse of a private swimming pool for recreation c. High demand for burgers from Burger King d. High demand for online movie streaming on Netflix

Economics