Which of the following does not meet the economic definition of saving?
A. A graduate assistant spends all of his income on tuition
B. A student deposits money in her savings account
C. A professor spends less than he makes each month
D. The president's secretary puts cash under her mattress
A. A graduate assistant spends all of his income on tuition
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According to this Application, over time, as economies adapt to higher temperatures
A) approximately half the decline in per capita income disappears. B) per capita income does not seem to change. C) real income begins to increase and per capita income begins to decrease. D) approximately half the increase in per capita income disappears.
If w is the growth rate of the nominal wage rate, p is the inflation rate as measured by the price deflator for total GDP, y is the growth rate for total domestic product, and n is the growth rate of labor, then the growth of real wage is ________
A) wp/n B) y - p C) w - p D) wn/p
A potential employee that dresses well for an interview is attempting to reduce asymmetric information by
A. looking more intelligent. B. signaling their type. C. showing moral character. D. mandating that information be shared.
To ensure interest rate parity, a decrease in the interest rate on Euroyen relative to Eurodollar deposits will require a greater expected appreciation of the Japanese yen against the U.S. dollar
a. True b. False Indicate whether the statement is true or false