As disposable income decreases, saving decreases
a. True
b. False
Indicate whether the statement is true or false
True
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 
A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C
When the price of summer tank tops falls and you buy more of it because it is relatively less expensive, this is called
a) The substitution effect b) The income effect c) The net effect of both the substitution effect and the income effect d) The equilibrium choice for hours worked.
Which of the following explains why public employees (more frequently than private employees) tend be in defined benefit programs?
A. They tend to begin and end their career with the same employer. B. They tend to fall for Ponzi schemes. C. They tend to move from employer to employer. D. They have well-funded private savings plans.
Social Security payments are
A. not included in Gross Domestic Product (GDP). B. not included in Gross Domestic Product (GDP), but are included in Net Domestic Product. C. included in Gross Domestic Product (GDP). D. not included in Gross Domestic Product (GDP), but are included in Gross Domestic Income accounts.