The following national income statistics are in billions of dollars
Refer to the above data. Personal income is:
A.
$483 billion
B.
$376 billion
C.
$372 billion
D.
$317 billion
D.
$317 billion
You might also like to view...
If the supply of a product increases, then
a. more will be purchased at the same price b. the price of the product must have declined c. demand for the good must have increased d. producers are willing to accept a lower price for each unit sold e. producers offer less for sale at each possible price
In the U.S. the percentage of the population that directly encounters poverty is exceedingly high
a. True b. False Indicate whether the statement is true or false
Assume that the demand for film cameras decreases in a competitive market. What will most likely happen to the equilibrium price and quantity of film cameras?
a. Price will decrease; quantity will increase b. Price will decrease; quantity will decrease c. Price will increase; quantity will increase d. Price will increase; quantity will decrease
If the current closing price in the stock of XYZ, Inc. is $87.50 and the July expiration put options with a strike price of $80 are selling for $1.05, what is the intrinsic value of the option? What is the option premium?
What will be an ideal response?