National income =
A) Consumption - Saving +Taxes B) Consumption - Saving - Taxes
C) Consumption + Saving + Taxes D) Consumption + Saving - Taxes
C
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The opportunity cost of a firm using its own capital is
A) economic depreciation. B) self-ownership depreciation. C) economic loss. D) normal loss. E) capital loss.
National income is defined as gross national product minus
a. depreciation and net taxes. b. national income. c. depreciation. d. personal disposable income.
Which of the following is a way the government can stimulate saving?
A. Decrease interest rates B. Increase taxes C. Offering tax incentives for retirement accounts D. There is nothing the government can do to stimulate saving.
One reason that labor productivity has increased is because of disembodied technical change.
Answer the following statement true (T) or false (F)