In economics, "Public Saving" is defined as
a. Saving that is made public by disclosure to the IRS.
b. Tax revenue minus government spending.
c. National Income minus consumption.
d. Deposits made at banks and other lending institutions.
e. Investment in a publicly held company.
b. Tax revenue minus government spending.
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The elasticity of demand for gasoline is likely to be relatively low in the short term and higher as the period of time gets longer.
Answer the following statement true (T) or false (F)
If you buy a call option on Treasury futures at 115, and at expiration the market price is 110, the ________ will ________ exercised
A) call; be B) put; be C) call; not be D) put; not be
If the demand for eBook readers increases and the supply of eBook readers increases, then
A) it is clear that prices will increase, the change in the quantity of eBook readers sold is ambiguous. B) it is clear that prices will decrease, the change in the quantity of eBook readers sold is ambiguous. C) it is clear that quantity sold will increase, the change in the price of eBook readers is ambiguous. D) it is clear that quantity sold will decrease, the change in the price of eBook readers is ambiguous.
If something happens to alter the quantity demanded at any given price, then the demand curve shifts
a. True b. False Indicate whether the statement is true or false