Saving is negative below a disposable income of
A. 0.
B. 2500.
C. 3000.
D. 3500.
D. 3500.
You might also like to view...
Which of the following is NOT a characteristic of monopolistic competition?
A) large number of sellers B) differentiated products C) advertising D) barriers to entry
When the economy is getting the most from its scarce resources it is called: a. equity
b. efficiency. c. equality. d. equal shares.
At a given level of wheat output, one more unit of labor would produce 10 extra bushels, and one more unit of seed would produce 30 extra bushels. A unit of labor costs $6, and a unit of seed costs $12 . The farmer should
a. produce less wheat. b. buy only seed. c. buy more seed and less labor. d. buy less seed and more labor.
Data on the relationship between the percentage of the workforce unionized and the share of national income allocated to labor suggest that unionization has
a. greatly altered the labor-capital distribution of national income. b. increased the share of national income allocated to labor. c. had a positive effect on the wages of nonunion workers. d. had no significant impact on the share of income going to labor.