Bill's income is $1,000 and his net taxes are $350. His disposable income is
A. $1,350.
B. $750.
C. $650.
D. -$350.
Answer: C
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In the foreign exchange market, a decrease in the supply of dollars leads to an appreciation of the U.S. dollar
Indicate whether the statement is true or false
Refer to the payoff matrix below. In reference to the Nash equilibrium/equilibria in this game, which of the following is true?
Camp with Us and Happy Campers compete in the market for campers. Each firm must decide each season if they are going to offer special financing or not. The above payoff matrix shows each firm's net economic profit at each pair of strategies.
A) Camp with Us Offer Financing and Happy Campers Do Not Offer Financing is a Nash equilibrium.
B) Camp with Us Do Not Offer Financing and Happy Campers Do Not Offer Financing is a Nash equilibrium.
C) There are no Nash equilibria in this game.
D) Camp with Us Offer Financing and Happy Campers Offer Financing is a Nash equilibrium.
Fixed costs are sometimes referred to as _____ costs because once you've obligated yourself to them, they cannot be recovered.
Fill in the blank(s) with the appropriate word(s).
The difference between the risk-free rate and the interest rate a particular investor has to pay is called the:
A. Both of these are true. B. risk premium. C. credit spread. D. Neither of these is true.