Desired national saving equals
A. Id + G.
B. Cd + Id + G.
C. Y - Id - G.
D. Y - Cd - G.
Answer: D
You might also like to view...
What is the relationship between marginal utility and an individual demand curve?
What will be an ideal response?
What assumptions in the perfect competition model ensure that economic profit is zero in the long run? Explain
What will be an ideal response?
Money as a medium of exchange refers only to
A) currency. B) gold coins. C) anything that is generally accepted as payment for goods and services. D) checks at commercial banks.
Suppose the MRP of the 49th worker at a firm is $25 and that the market wage rate is $15. We know that if this firm operates in perfectly competitive product and labor markets
A) the firm is paying wages above the minimum wages. B) the firm's profits would increase if it fired some workers. C) the firm would be more profitable if it hired more workers. D) the firm should use more capital.