Suppose consumers save 8 percent of their incomes. If the government collects 4 dollar in taxes from each taxpayer and invested it in infrastructure, total social investment will ________ per taxpayer
A) increase by 32 cents B) increase by $ 4.32
C) increase by $3.68 D) decrease by 64 cents
C
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Macroeconomics is the study of
A) the economic issues which affect individual well-being and individual firms' profit levels. B) the economic issues which affect foreign and domestic prices of related goods and services. C) inflation and poverty at the level of the household. D) the economic issues which affect the nation's total income, employment, and output.
Jared declines to purchase a new bicycle priced at $200 . Therefore: a. Jared does not enjoy riding a bicycle
b. the expected marginal benefit of the bicycle to Jared exceeds $200 that could be spent on other things. c. the expected marginal benefit of the bicycle to Jared is less than $200. d. None of the above is true.
The unemployment rate is computed by dividing the _____ by the _____.
Fill in the blank(s) with the appropriate word(s).
A mutual fund company uses the funds of its investors to:
A. Produce goods and services for consumers B. Buy stocks and bonds C. Build factories and other infrastructure D. Buy capital and other resources for other firms