Which of the following represents the relationship between disposable income (DI), consumption (C), and saving (S)?

A certain amusement park offers a 50 percent discount to kids between the ages of 8 and 14 years. This is an example of:

A) shadow pricing. B) first-degree price discrimination. C) third-degree price discrimination. D) second-degree price discrimination.

In the above figure, if the budget line shifts from RT to RS, the income effect is illustrated by the move from

A) a to b. B) a to c. C) b to c. D) T to S.

Trade theorists have proven that the gains from international trade

A) must raise the economic welfare of every country engaged in trade. B) must raise the economic welfare of everyone in every country engaged in trade. C) must harm owners of "specific" factors of production. D) will always help "winners" by an amount exceeding the losses of "losers." E) usually outweigh the benefits of protectionist policies.

The yield percentage of a stock is calculated as

A) the corporation's net worth divided by the number of shareholders. B) the book value of the stock divided by the number of shareholders. C) the stock dividend divided by the price of the stock. D) the expected appreciation of the stock.