Given the data, the level of saving at a disposable income of $1, 200 is
What will be an ideal response?
$240
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From 1789 to 1838, state banks
(a) served as financial intermediations and paid out paper money to borrowers. (b) were corporations. (c) engaged in agricultural activities. (d) established demand deposits against which checks could be written by the borrower.
Which of the following reduces U.S. potential for economic growth by reducing household incentive to use private property most efficiently and effectively?
(a) Personal income taxes (b) Farm subsidies and import tariffs (c) Auto bailouts (d) Regulation in the health care industry
To attract more bidders, and more aggressive bidders, to your auction
a. withhold relevant information about the value of the object b. allow bidders to know how others are bidding c. do not allow potential bidders to examine the object too closely d. do not hold oral auctions
The Phillips curve is a statistical relationship that was misrepresented as showing
a. disequilibrium outcomes of uncoordinated policy. b. alternative equilibrium points that the economy could achieve. c. the unemployment rates necessary to close a recessionary gap. d. the increases in interest rates from different inflation rates.