Suppose consumers save 17 percent of their incomes. If the government collects 10 dollar in taxes from each taxpayer and invested it in infrastructure, total social investment will ________ per taxpayer.
A. increase by $10.17
B. increase by $8.30
C. decrease by $1.70
D. decrease by $8.30
Answer: B
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What will be an ideal response?
Demand is unit elastic whenever
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Credit cards should be included in M1 because they are just like checks
a. True b. False Indicate whether the statement is true or false
A production indifference curve shows all combinations of input quantities capable of producing a given quantity of output
a. True b. False Indicate whether the statement is true or false