How much is induced consumption at a disposable income of 4000?
1,300
You might also like to view...
Provide an example of each allocation method that illustrates when it works badly
What will be an ideal response?
The McDonald's restaurants in Russia grow their own potatoes to guarantee that they are grown correctly. Growing potatoes is very different from running a fast-food restaurant. One could say of McDonald's decision to grow its own potatoes for the Russian franchise that
a. the bounded rationality criterion outweighs the need for quality control b. the bounded rationality criterion is outweighed by the need for quality control c. both bounded rationality and the need for quality control are factors that make it rational for McDonald's to grow its own potatoes d. growing potatoes is irrational e. there must not be many potato suppliers in Russia
Most checkable deposits are insured up to $250,000 by
a. state banking commissions. b. the Federal Reserve Board. c. U.S. Department of the Treasury. d. the Federal Deposit Insurance Corporation.
The official measure of civilian unemployment in the U.S. might be an understatement of actual unemployment because
A. some workers become discouraged and no longer are actively seeking work. These workers are not officially counted in the labor force, and consequently are not officially unemployed. B. the official measure of civilian unemployment fails to account for very high levels of unemployment among active-duty military personnel. C. the statistics do not count part-time employment the same way as from full-time employment, even though many part-time workers would prefer to be fully employed. D. retirees are included in the labor force.