One In the News article titled, "News Release: Disposable Income and Outlays: February 2017" says that personal income increased $44 billion, or 0.31 percent, in February 2017, and consumers are likely to spend more if
A. Interest rates increase.
B. Taxes increase.
C. Saving increases.
D. Income increases.
Answer: D
You might also like to view...
To say that the forward market lacks liquidity means that
A) forward contracts usually result in losses. B) forward contracts cannot be turned into cash. C) it may be difficult to make the transaction. D) forward contracts cannot be sold for cash.
When insurance companies set premiums based on average characteristics of certain groups, they are trying to ______.
a. bring reckless drivers into the market b. give poor drivers a second chance c. keep good drivers in the market d. push good drivers out of the market
Other things being equal, an increase in the number of sellers of a good will __________________ for that good.
A. increase equilibrium price and quantity B. increase equilibrium price and decrease equilibrium quantity C. decrease equilibrium price and increase equilibrium quantity D. decrease equilibrium price and quantity E. increase demand
The LM curve illustrates all combinations of domestic output levels and interest rates for which
A. the domestic money market is in equilibrium. B. there is a zero balance for the country's official settlements balance. C. there is full employment. D. the domestic product market is in equilibrium.