The biggest single factor affecting household income is the householder's age

Indicate whether the statement is true or false


FALSE

Economics

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What is a balance of payments system, and what three types of international transactions are typically found in the balance of payments?

What will be an ideal response?

Economics

State the law of diminishing marginal returns

What will be an ideal response?

Economics

The aggregate demand curve shows how real GDP purchased varies with changes in:

a. unemployment. b. output. c. the price level. d. the interest rate.

Economics

Refer to the information provided in Figure 7.5 below to answer the question(s) that follow.  Figure 7.5Refer to Figure 7.5. Increasing returns continue until the ________ worker is hired.

A. first B. fifth C. eighth D. sixteenth

Economics