Refer to the information provided in Figure 23.1 below to answer the question(s) that follow. Figure 23.1Refer to Figure 23.1. [-500 + 0.5Y] is this household's

A. consumption.
B. saving.
C. MPC.
D. MPS.


Answer: B

Economics

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Refer to the figure below. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen as 

A. long-run aggregate supply shifting leftward B. Short-run aggregate supply shifting upward C. Short-run aggregate supply shifting downward D. Aggregate demand shifting leftward

Economics

The first two numbers of the ABA code listed on the check designate:

A. the account number B. the routing number C. the Federal Reserve District D. the code indicating the business or personal account

Economics

Kristi and Rebecca sell lemonade on the corner for $0.50 per cup. It costs them $0.10 to make each cup. On a certain day, their producer surplus is $20 . How many cups did Kristi and Rebecca sell?

a. 40. b. 200. c. 8. d. 50.

Economics

The majority of federal taxes are levied on ______,

a. property b. income c. usage d. sales

Economics