Saving is negative below a disposable income of _____________.
3000
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What is the national income identity for an open economy?
What will be an ideal response?
In the money market, an increase in money demand will:
A) result in a rightward shift in the money demand curve increasing interest rates. B) result in a rightward shift in the money demand curve decreasing interest rates. C) result in a leftward shift in the money demand curve increasing interest rates. D) result in a leftward shift in the money demand curve decreasing interest rates.
In order for an economy to increase its production possibilities, the economy must
A) be very efficient. B) increase inputs. C) increase its wants. D) reduce output.
Public goods are usually provided by:
a. private industry. b. the government. c. private citizens. d. internal markets e. local industry.