What was the total for net investment income in 2017?





a. -$1,183 billion

b. $221 billion

c. $354 billion

d. $1,537 billion


b. $221 billion

Economics

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A vertical demand curve has an elasticity of demand equal to zero.

Answer the following statement true (T) or false (F)

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The above table shows some cost data for Tracey's Tents. What is the average fixed cost when 4 tents are produced?

A) $50.00 B) $12.50 C) $25.00 D) $37.50

Economics

An interest rate increase to 4 percent will cause you to

A. save less of your income. B. be more time patient. C. be more time impatient. D. save more of your income.

Economics

Sulfur Dioxide Discharged (Tons)Firm AFirm B10$8,000$9,000910,00012,000815,00018,000720,00027,000628,00037,000Table 16.3Table 16.3 shows the production cost for two utilities at different levels of sulfur dioxide emissions. Assume that the government issued 8 marketable pollution permits to each firm. If the two firms agree to swap one permit and split the difference between the willingness to pay and willingness to accept, what is the price of a permit?

A. $4,500 B. $5,500 C. $7,250 D. $9,750

Economics