In the classical model, desired saving
A) is inversely related to real income. B) exceeds investment.
C) is equal to desired investment. D) is less than desired investment.
C
You might also like to view...
Explain using welfare measures whether consumers prefer a single price monopoly or a perfectly price discriminating monopoly
What will be an ideal response?
Graphically, economic growth is represented as
A) a movement along the production possibilities curve. B) a movement from a point inside the production possibilities curve to a point on the curve itself. C) an inward shift of the production possibilities curve. D) an outward shift of the production possibilities curve.
Assume men, on balance, have lower amounts of human capital than women have. Then we would expect
a. the demand for female labor to be lower than the demand for male labor. b. the demand for female labor to be higher than the demand for male labor. c. the supply of female labor to be lower than the demand for male labor. d. the supply of female labor to be higher than the supply of male labor.
he dumping of chemicals into a lake, which contaminates the drinking water, is an example of:
A.) Income transfers. B.) A monopoly. C.) An externality. D.) Factor mobility.