Refer to the information provided in Figure 23.3 below to answer the question(s) that follow.
Figure 23.3Refer to Figure 23.3. Aggregate saving is $240 if aggregate income is
A. $300.
B. $500.
C. $800.
D. $1,000.
Answer: D
You might also like to view...
Macroeconomics is the study of individual economic markets
Indicate whether the statement is true or false
In monopolistic competition there
A) are many firms and many buyers. B) are several large firms. C) is one large firm. D) might be many, several, or one firm. E) are many firms but only a few buyers.
Why are decision trees useful to managers who plan business strategies?
A) Decision trees can be used to increase the amount of product differentiation; this enables managers to charge higher prices for their products. B) Decision trees provide a systematic way of thinking through the implications of a strategy. C) Using a decision tree always leads to a dominant strategy. D) Decision trees explain the level of concentration in an industry.
A sole proprietor has limited liability and cannot be forced to pay its creditors from his/her personal resources
Indicate whether the statement is true or false