How much is autonomous consumption when disposable income is $15 billion?


$4 billion

Economics

You might also like to view...

The total U.S. productivity growth rate decreased during the 1990s due to massive technological innovations

a. True b. False Indicate whether the statement is true or false

Economics

Neither public goods nor common resources are

a. excludable, but only public goods are not rival in consumption. b. excludable, but only common resources are not rival in consumption. c. rival in consumption, but only public goods are not excludable. d. rival in consumption, but only common resources are not excludable.

Economics

Which of the following pholitical philosophies would support redistribution of income that makes society fully egalitarian?

a. Liberals, because they believe in the maximin criterion. b. Libertarians, because they believe in evaluating the process by which economic outcomes arise. c. Utilitarians, because they believe in diminishing marginal utility. d. None of the above would support completely egalitarian redistribution of income.

Economics

States that restrict banks to having a single branch are said to require

A) mono banking. B) nonbank banking. C) unit banking. D) semi-banking.

Economics