The saving schedule is drawn on the assumption that as income increases:
A. saving will decline absolutely and as a percentage of income.
B. saving will increase absolutely but remain constant as a percentage of income.
C. saving will increase absolutely but decline as a percentage of income.
D. saving will increase absolutely and as a percentage of income.
D. saving will increase absolutely and as a percentage of income.
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One of the most important changes in the composition of the labor force in the United States has been
A. the major increase in the number of women who work outside the home. B. the drop in the number of men who only work part-time. C. the steady decline in the number of women who work. D. the increase in the ratio of male workers to female workers. E. the major increase in the number of men who work away from the home or farm.
If good growing conditions increase the supply of strawberries and hot weather increases the demand for strawberries, the quantity of strawberries bought ________
A) increases and the price might rise, fall or not change B) increases and the price rises C) doesn't change and the price falls D) doesn't change and the price rises
Capital outflows occur if:
A) domestic interest rates are higher than foreign interest rates. B) domestic interest rates are lower than foreign interest rates. C) domestic and foreign interest rates are the same. D) none of the above.
Refer to the payoff matrix below. The Set High Price/Set High Price outcome is the ________.
A) Nash Equilibrium
B) cooperative equilibrium
C) pure -strategy Nash Equilibrium
D) dominant strategy equilibrium