When disposable income is 6500, induced consumption is
A. 0.
B. 500.
C. 750.
D. 1000.
D. 1000.
You might also like to view...
A new country has been established on the moon and created a currency called cheesybits. Which of the following represents a supply of cheesybits?
A. Han is visiting the moon and wants to eat at his favorite restaurant, the Moonglow Bar and Grill. B. Luna lives on the moon and wants to travel to visit relatives in Japan. C. Moonbeam Incorporated, the largest company on the moon, sells building products for houses on the moon. D. Spacejunk Corporation sells recycled spacecraft parts to Rockets-R-Us in California.
Studies and experience suggest that labor and capital are highly complementary inputs to the production of pipe organs
Indicate whether the statement is true or false
You are considering buying a share of stock in XYZ Corporation. At the end of years 1, 2, and 3 the stock will pay you a dividend of $15 . In addition, at the end of the third year you expect to sell the share of stock for $100 . If the interest rate is 3%, how much is the share of XYZ stock worth to you today?
a. $123.14 b. $133.94 c. $137.96 d. $145.00
A recession is usually associated with high inflation.
Answer the following statement true (T) or false (F)