To calculate personal savings, you would need information on all of the following except:
a. personal disposable income.
b. personal consumption expenditures.
c. interest paid to business.
d. government expenditure.
e. personal transfer payments to foreigners.
D
You might also like to view...
Refer to Table 2.3. Assume that 2010 is the base year. The GDP deflator for 2013 is
A) 67.1. B) 84.5. C) 100.0. D) 118.3.
Suppose 100 citizens each derive marginal benefit from submarines according to the function MB = 10 - Q. If subs cost $100 each to produce, what is the efficient quantity of submarines?
What will be an ideal response?
According to the graph shown, total surplus is:
A. $25.
B. $90.
C. $50.
D. $130.
Economists use the word "money" to refer to
a. income generated by the production of goods and services. b. those assets regularly used to buy goods and services. c. financial assets such as stocks and bonds. d. any type of wealth.