That part of disposable income not spent on consumption is defined as:

a. transitory disposable income.
b. permanent disposable income.
c. disposable income.
d. autonomous consumption.
e. saving.


e

Economics

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What are the factors that affect GDP according to the aggregate production function used by Solow?

What will be an ideal response?

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The condition, MRSC,C' = 1 + r, describes the representative consumer's

A) investment decision. B) consumption - savings decision. C) current period work - leisure decision. D) future period work - leisure decision.

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Currency and checkable deposits are

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Economics