A reason for dissavings in the economy could include:
A. College students who overspend with expectations of a higher income after their education is complete.
B. Breakup of families where the major wage earner leaves the household.
C. Death of a household's major wage-earner.
D. Unforeseen expenditures that cannot be covered by immediate household income.
E. All of the above.
Ans: E. All of the above.
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To identify the product market, antitrust agencies use
A) qualitative, but not quantitative tools. B) both qualitative and quantitative tools. C) quantitative, but not qualitative tools. D) territorial restrictions
If the marginal propensity to save (MPS) is 0.1, the multiplier will be
A) 0.1. B) 1. C) 5. D) 10.
The factors that contribute to the growth of per capita GDP in an economy include human capital deepening, physical capital deepening, and technological gains
a. True b. False Indicate whether the statement is true or false
In equilibrium a country has a net capital outflow of $200 billion and domestic investment of $150 billion. What is the quantity of loanable funds demanded?
a. $50 billion b. $150 billion c. $200 billion d. $350 billion