When disposable income is 2,000, savings is
A. 1,000
B. 750
C. 500
D. 0
D. 0
You might also like to view...
In a closed economy S = I, so in an open economy:
A. S = I ? NX. B. S = I + NX. C. S + I = NX. D. S + NX = I.
The demand for labor depends upon each of the following, except one. Which is the exception?
a. the level of technology b. the quantity of labor available c. the prices of complements to labor d. the prices of substitutes for labor e. the number of firms hiring in that labor market
Answer the following statement(s) true (T) or false (F)
1. If the real interest rate is 5% and the inflation rate is 3% then the real growth rate in your purchasing power is 8%. profit maximizing company will choose to undertake the project. 2. If a project costs $2000 up front and generates revenues of $500 per year for ten years, then any 3. The higher the interest rate, the higher the price of a bond. 4. If a bond with face value $100 sells for $75, then we say that the bond is selling for a discount of 25%.
Americans worked less than _____ hours in the year 2008, while German laborers worked less than _____ hours.
Fill in the blank(s) with the appropriate word(s).