During the 1990s the household savings rate in the United States as measured by NIPA
A) increased dramatically from two percent to almost six percent.
B) fell sharply and was only 0.7% by the year 2004.
C) increased only slightly because the federal budget deficit was finally eliminated.
D) fell to two percent when a federal budget surplus appeared.
B
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Marxism's ultimate goal is for ____________ ____________
Fill in the blank(s) with the appropriate word(s).
In the figure, the equilibrium price is initially $3 per bushel of wheat. If suppliers come to expect that the price of a bushel of wheat will rise in the future, but buyers do not, the current equilibrium price will
A) rise. B) not change. C) fall. D) Perhaps rise, fall, or stay the same, depending on whether there are more demanders or suppliers in the market.
The above figure shows the marginal benefit from pollution for two firms
If both firms receive a marketable permit to pollute 25 units of pollution each, how much will each firm pollute and how much will a permit for one unit of pollution be worth?
What are the four different characteristics that data exhibit when undertaking time-series forecasts?
What will be an ideal response?