Disposable income reflects
A) Personal income after taxes. B) Income before taxes.
C) Net income from business activity. D) None of the above.
Answer: A
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When demand falls and supply stays the same,
A. equilibrium quantity rises. B. equilibrium quantity falls. C. equilibrium quantity stays the same.
Inclusion of essential elements in job descriptions is required by the
A. Americans With Disabilities Act B. Title VII of the 1964 Civil Rights Act C. Fair Labor Standards Act D. Equal Pay Act
Authorization to start a business issued by the local government is called a/an
A. liability B.IPO C. royalty D. business license
Under new Keynesian theory, a correctly anticipated decrease in aggregate demand will lead to __________ in Real GDP and __________ in the price level
A) a decrease; a decrease B) no change; an increase C) no change; no change D) an increase; an increase E) an increase; no change