At the beginning of the year, your wealth is $10,000. During the year, you have an income of $80,000 and you spend $90,000 on consumption. You pay no taxes. Your wealth at the end of the year is
A) $20,000.00.
B) $0.
C) $90,000.00.
D) $100,000.00.
B
Economics
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Which of the following is not included in a nation's balance of payments?
a. International barter exchanges. b. International credits (loans). c. International shipping expenses. d. All the above are includedin the balance of payments.
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GDP is?
What will be an ideal response?
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What is the relevance of productive and vocative efficiency to the growth process?
What will be an ideal response?
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What is a likely explanation for why the budget of a government agency might increase beyond its optimal size?
A. The paradox of voting B. The influence of the median voter C. The power of special-interest groups D. The allocative efficiency of government
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