Use the following data to answer the next question. The disposable income (DI) and consumption (C) schedules are for a private, closed economy (an economy with no government and no international trade). All figures are in billions of dollars.Disposable IncomeConsumption$10,000$12,00018,00018,00026,00024,00034,00030,00042,00036,00050,00042,000If disposable income is $42,000, then saving is
A. $4,000.
B. $2,000.
C. $6,000.
D. $0.
Answer: C
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After a policy of import substitution has begun, a developing country finds that employment has not risen significantly and that urban unemployment seems to be rising. Explain how these developments might be connected
What will be an ideal response?
________ is the process of researching and developing profitable new products and services by financial institutions
A) Financial engineering B) Financial manipulation C) Customer manipulation D) Customer engineering
After the depression of the 1930s and the interruption of World War II, in the post-war period (1945–50) private investment
(a) fell back to the 1920s level. (b) rose to unprecedented levels. (c) collapsed in the 1948 downturn and then returned to the stagnation levels of the 1930s. (d) did none of the above.
Which of the following do national income accountants consider to be investment?
a) the purchase of an automobile for private, non-business use b) the purchase of a new house c) the purchase of corporate bonds d) the purchase of gold coins