Refer to the information provided in Figure 23.1 below to answer the question(s) that follow.
Figure 23.1Refer to Figure 23.1. The equation for this household's saving is
A. S = -300 + 0.25Y.
B. S = -1,000 + 0.8Y.
C. S = -500 + 0.5Y.
D. S = -200 + 0.8Y.
Answer: C
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Which measure of inflation would include consumer goods and capital goods?
A. the Consumer Price Index B. the Retail Trade Survey C. the GDP Price Index D. the Employment Cost Index
All of the points on a budget line result in combination of goods that expend all of her income.
Answer the following statement true (T) or false (F)
In 2013, the poverty line for a family of four was about:
a. $18000 b. $23800 c. $25300 d. $35100
The source of the supply of loanable funds
a. is saving and the source of demand for loanable funds is investment. b. is investment and the source of demand for loanable funds is saving. c. and the demand for loanable funds is saving. d. and the demand for loanable funds is investment.