On a graph with consumption on the vertical axis and disposable income on the horizontal axis, the slope of the line is
a. greater than one.
b. equal to one.
c. less than one.
d. undefined.
c
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Bank C promises to pay a compound annual interest rate of 6 percent, while Bank S pays a 10 percent simple annual interest rate on deposits. If you deposit $1,000 in each bank, after 10 years, your deposit in Bank C equals ________, while your deposit in Bank S equals ________.
A. $1,791; $2,000 B. $1,600; $2,594 C. $1,600; $2,000 D. $1,060; $1,100
How does a tax on labor income influence the equilibrium quantity of employment?
What will be an ideal response?
The relative concept of poverty is based on how far behind average income a particular family gets.
Answer the following statement true (T) or false (F)
A vertical aggregate supply curve implies a vertical Phillips curve.
Answer the following statement true (T) or false (F)