Use the above table. At an income of $50
A. real dissaving is $50.
B. real saving is $10.
C. real saving is $20.
D. real dissaving is $10.
Answer: D
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Suppose that a price-discriminating monopolist divides its market into two segments. The firm will charge the lower price in the market segment where consumers
a. have relatively less elastic demand b. have relatively more elastic demand c. attach a higher marginal value to each unit of the good d. have perfectly inelastic demand e. attach higher average value to units of the good
The world bank is the agency of the U.S. State Department that is in charge of U.S. loans to foreign countries
a. True b. False Indicate whether the statement is true or false
The government could close an inflationary gap by increasing government spending by some amount greater than taxes
Indicate whether the statement is true or false
An increase in the price level will
a. increase the equilibrium level of national income b. decrease the equilibrium level of national income c. increase aggregate expenditures d. increase aggregate demand e. have no effect on aggregate expenditure