The above table has data from the nation of Media. Based on these data, when disposable income is $8.0 trillion, saving is
A) -$1.5 trillion. B) $1.5 trillion. C) $7.5 trillion. D) $0.5 trillion. E) -$0.5 trillion.
D
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If a firm buys a specialized metal stamping machine that will last 4 years for $125,000 and cannot resell it, the opportunity cost is
A) $0. B) $31,250. C) $125,000. D) $93,750.
Recovery in the United States after the Great Recession can be characterized as:
a. U-shaped b. L-shaped c. V-shaped. d. W-shaped.
A college degree makes a person more productive according to
a. both the human-capital and the signaling theories of education. b. the human-capital but not the signaling theory of education. c. the signaling but not the human-capital theory of education. d. neither the human-capital nor the signaling theory of education.
________________: Value to a particular individual (investor).
Fill in the blank(s) with the appropriate word(s).