Disposable income is best defined as
a. income adjusted for inflation
b. nominal income
c. the income remaining after bills have been paid
d. income after taxes have been paid and transfers received
e. income paid in dollars that are worthless
D
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Answer the next question based on the following price and output data over a five-year period for an economy that produces only one good. Assume that year 2 is the base year. YearUnits of OutputPrice per Unit18$22103315441855206If year 2 is the base year, the Consumer Price Index for year 2 is
A. 50. B. 67. C. 150. D. 100.
Economic freedom means that
A) some goods and services are free. B) firms are regulated by the government. C) people are able to make personal choices and their property is protected. D) the nation's government is a democracy. E) the rule of law does not apply.
The boss observes that her 10 workers produce 1,000 widgets a day. She concludes that she can employ 20 workers and make 2,000 widgets, 30 to make 3,000 . or 40 to make 4,000 . Explain why this observation is either correct or incorrect
Calculate the holding period return for a $1,000 face value bond with a $60 annual coupon purchased for $970.00 and sold three years later for $1,060.00.
What will be an ideal response?