When disposable income is 4000, APS is about
A. .45.
B. .34.
C. .23.
D. .12.
D. .12.
You might also like to view...
The City Symphony presents three open-air concerts in the city park pavilion during the spring and summer. Many who attend make donations for symphony expenses, but the donation is not required. Some who attend make no contributions. Economists would
A. classify the noncontributors as detrimental externalities. B. call the concerts excludable events. C. call the noncontributors free riders. D. call the concerts depletable goods.
Which of the following is the best description of the U.S. tax system?
A. The federal income tax is progressive, but sales, property, and other taxes tend to be regressive. B. The U.S. tax system is consistently progressive. C. The U.S. tax system is consistently regressive. D. The federal income tax is regressive, but sales, property, and other taxes tend to be progressive.
Two groups of workers not counted as unemployed in the official unemployment statistics are ________ workers.
A. chronically unemployed and involuntary part-time B. chronically-unemployed and discouraged C. chronically unemployed and short-term unemployed D. discouraged and involuntary part-time
An increase in the discount rate ________ bank reserves and ________ the money supply if banks respond appropriately to the change in the rate
A) increases; increases B) increases; decreases C) decreases; increases D) decreases; decreases