National saving is saving by:
A. the entire economy.
B. the government.
C. households and firms
D. households for retirement.
Answer: A
You might also like to view...
When Sam's Scarves uses 2 knitting machines and employs 3 people, total revenue is $330 a day. When Sam's Scarves uses 2 knitting machines and employs 4 people, total revenue is $360 a day
The value of marginal product of the third worker is ________. A) $110 B) $30 C) $360 D) $90
As a general rule, zero pollution is not socially desirable because
A. there would be no production. B. the Environmental Protection Agency (EPA) needs to have something to do. C. no pollution would lead to global warming. D. all of these answer options are correct.
Suppose that in 2020 the average citizen's federal tax bill is $14,888 per person, and total federal spending is $13,997 per person. In 2020, the federal government will have
a. a per person budget surplus of $891. b. a per person budget deficit of $891. c. horizontal equity. d. vertical equity.
When property rights are clearly defined, there is generally a
A) law that must be passed to ensure fairness. B) regulatory agency that handles externalities. C) common property problem. D) voluntary agreement that can be reached.