Disposable income is obtained by
A. subtracting personal income taxes from personal income.
B. subtracting personal income taxes from national income.
C. adding transfer payments to national income.
D. adding transfer payments to personal income.
Answer: A
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The table has the marginal products for workers at? Bart's Bats, a baseball bat factory. Using the above? table, if the price of a bat is? $8, then the value of the marginal product of labor of the fourth worker is
A. ?$1.375. B. $40. C. $0.625. D. 5 bats. E. None of the above answers is correct.
What is marginal cost? How is it measured?
What will be an ideal response?
What is the aggregate supply curve?
A. a curve showing the various quantities of total real output that business will purchase for investment at various alternative price levels. B. a curve showing the various quantities of total real output that will be offered for sale at various alternative price levels. C. a curve showing the various quantities of goods and services that households will provide at various alternative price levels. D. a curve showing business investment at various alternative price levels.
Recent research up to the crisis proceeded mainly on three fronts. Discuss each of them
What will be an ideal response?