Private saving refers to ________
A) after-tax income minus consumption expenditures
B) a flow variable which adds to the stock of wealth
C) the private saving rate times disposable income
D) all of the above
E) none of the above
D
You might also like to view...
The double taxation of saving creates a bias towards _____
a. investment b. consumption c. luxury spending d. the future
The supply of loanable funds curve
a. is upward sloping b. is downward sloping c. is horizontal d. begins sloping upward, then levels off e. may slope either upward or downward, depending upon the interest rate
Assuming the demand curve is more elastic (flatter) than the supply curve, which of the following is true?
A. The full tax is always passed to the consumer no matter how flat (elastic) the demand curve is. B. The full tax is always passed to the seller no matter how flat (elastic) the demand curve is. C. The smaller the portion of a sales tax that is passed to the consumer. D. It does not make any difference how flat (elastic) the demand curve is; the tax is always split evenly between buyer and seller.
Which of the following is true?
A) Child labor is most common in urban areas. B) Child labor is most common in the textile industry. C) If child labor were stopped, families would have greater economic success. D) Agriculture is the main industry that uses child labor.