Use the following consumption schedule to answer the next question. 
At income level 3, the amount of saving is represented by the line segment
A. FD.
B. GH.
C. FG.
D. FH.
Answer: C
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Members of the Federal Reserve Board of Governors serve one nonrenewable term of:
a. 4 years. b. 7 years. c. 14 years. d. life.
Positive externalities can be an example of market failure
Indicate whether the statement is true or false
An economist estimates that the price elasticity of demand for disposable diapers is 0.67. This suggests that disposable diaper producers could:
A. advertise more to raise the price elasticity of demand. B. encourage more parents to use cloth diapers. C. lower the price of disposable diapers to raise more revenue. D. raise the price of disposable diapers to raise more revenue.
When considering the demand for money curve, the interest rate
A. varies negatively with the transactions demand for money. B. is independent of the opportunity cost of money. C. will have a positive relationship with the quantity of money demanded. D. is the price of holding money.