Consumption + the change in net worth =
A. saving.
B. total assets.
C. economic income.
D. depreciation.
Answer: C
You might also like to view...
Assume that the marginal propensity to consume in an economy is 0.9. If the economy's full-employment real GDP is $500 billion and its equilibrium real GDP is $550 billion, there is an inflationary expenditure gap of
A. $5 billion. B. $500 billion. C. $100 billion. D. $50 billion.
Which of the following would cause a decrease in aggregate demand?
A) a rise in wages B) an increase in the money supply C) a fall in investor confidence D) an increase in the price level
The market structure that is most different from the model of perfect competition is:
A) monopolistic competition. B) monopsony C) oligopoly. D) monopoly.
Since the 1980s,
a. monetarism reached its peak. b. the influence of the monetarists and Keynesians both eroded. c. monetarism re-established itself with a stable money/income relationship. d. monetarism declined in influence as Keyesian thought overtook it in influence.