When disposable income is 3500, C is



A. 1500.

B. 2500.

C. 3500.

D. 4500.


C. 3500.

Economics

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Starting from long-run equilibrium, an increase in autonomous investment results in ________ output in the short run and ________ output in the long run.

A. lower; potential B. higher; higher C. lower; higher D. higher; potential

Economics

Which of the following revenue-raising options did the "colonial" government select to secure the resources needed to revolt?

(a) Printing money and borrowing from other countries (b) Printing money and confiscating property (c) Taxing and borrowing from other countries (d) Taxing and reducing non-military government spending

Economics

Which of the following mathematical expressions represents the equation of a straight line with a slope of zero at all points on a graph with Y on the vertical axis and X on the horizontal axis?

a. Y = a + X b. X = bY c. X = a d. Y = a

Economics

During the last decade, the price of a computer fell every year and the quantity sold increased every year. This experience suggests that the

A) "law of demand" was definitely contradicted. B) "law of supply" was definitely contradicted. C) demand curve shifted rightward. D) supply curve shifted rightward.

Economics