Savings plus consumption equals disposable income
A. all of the time
B. most of the time
C. rarely
D. never
A. all of the time
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Microeconomics, as opposed to macroeconomics, includes the study of what determines the
A) unemployment rate in the United States. B) profitability of the airline industry. C) size of the federal deficit. D) rise or fall of the inflation rate.
If interest rates are positive, one dollar today is worth
A. nothing. B. more than a dollar a year from now. C. the same as a dollar a year from now. D. less than a dollar a year from now.
With regard to the economy, the term negative inflation is synonymous with which of the following?
a. recession b. depression c. deflation d. hyperinflation
When the Fed conducts open market operations, the impact of the buying or selling of bonds will include changes in
A) SRAS. B) interest rates. C) LRAS. D) a and b E) a, b and c